07:02 · 20 September 2024

BREAKING: PPI data from Germany better than expected, EURUSD slightly higher

EUR/USD
Forex
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07:00 AM BST, Germany - PPI Data for August:

German PPI YoY actual -0.8% (forecast -1%, previous -0.8%)

German PPI MoM actual 0.2% (forecast 0%, previous 0.2%)

 

The PPI data might be helpful in today's attempt to once again pass the resistance at 1.11844, which could help bulls test the mid-July 2023 high.

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