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Germany: Producer Prices fell 0.1% MoM in July

FXstreet.com (Edinburgh) - Producer Prices in the German economy contracted 0.1% on a monthly basis during July, missing the median at 0.2%. Over the last twelve months, prices rose 0.5% vs. 0.7% estimated.

Germany July Producer Price Index (MoM) down to -0.1%. (YoY) rose 0.5%.

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EUR/USD supported around 1.3330

The gradual decline of the shared currency since yesterday afternoon found support in the area of 1.3330 overnight, where buyers lifted the EUR/USD to the current 1.3350 region...
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