Eurozone PPI for June 2.5% y/y vs 2.5% exp
Eurozone PPI for June comes in at 2.5% y/y and -0.1% m/m
- Prior y/y 3.3%
- Prior m/m -0.4%
Both m/m and y/y figures relatively in-line.
EURUSD broke to fresh highs earlier, up 85 pips from NY session lows. No stopping the tear higher in the currency across the board.