Latest data release by Destatis - 20 Dec 2017

  • Prior m/m +0.3%
  • PPI y/y +2.5% vs +2.6% expected
  • Prior y/y +2.7%

A slightly softer than expected reading. But nothing too much to glean from the data, to be fair.

EUR/USD is sliding across the board over the last 15 minutes, down to session lows of 1.1829.

Still a very tight range though, the high for the day is at 1.1849 - only 20 pips range so far today.

The PPI y/y reading is still relatively healthy.