Latest data released by Destatis - 20 February 2018
- Prior m/m +0.2%
- PPI y/y +2.1% vs +1.8% expected
- Prior y/y +2.3%
A beat on producer price figures, but as mentioned in the calendar preview not really an important one as we already have inflation figures released last week.
EUR/USD sitting near the lows at 1.2378, EUR/GBP still range-bound (12 pips range on the day) at 0.8862, EUR/CHF at 1.1532 range-bound as well (14 pips range on the day).