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Forex News: Euro Falls Ahead Of Eurozone PPI

Euro Falls Ahead Of Eurozone PPI

09/02/2020 - 04:58:00 (RTTNews)

(RTTNews) - Eurostat is set to release the euro area producer prices data for July at 5.00 am ET Tuesday. Economists have forecast a 3.4 percent annual decline and a 0.5 percent monthly gain.

Ahead of the data, the euro dropped against its major rivals.

The euro was worth 1.1853 against the greenback, 125.89 against the yen, 1.0821 against the franc and 0.8885 against the pound as of 4:55 am ET.

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