Eurostat is set to publish producer prices for October at 5:00 am ET. Eurozone producer price inflation is forecast to slow to 2.5 percent from 2.7 percent in September.
The European currency showed mixed performance against its major rivals ahead of the report. While the euro edged higher against the dollar and the Swiss franc, it drifted lower versus the pound and the yen. As of 4:55 am ET, the common currency was trading at 107.20 against the yen, 1.3070 against the greenback, 1.2136 against the Swiss franc and 0.8108 against the pound.
For comments and feedback contact: editorial@rttnews.com
Forex News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.