Eurostat is set to issue flash inflation figures at 5:00 am ET. Consumer price inflation is expected to remain at 0.9 percent year-over-year in December, while producer prices are predicted to fall 1.3 percent year-on-year in November.
The euro showed mixed performance ahead of the data. While the common currency edged higher against the Swiss franc, it held steady against the rest of majors. As of 4:55 am ET, the euro was trading at 1.3625 against the dollar, 142.15 against the yen, 0.8310 against the pound and 1.2357 against the Swiss franc.
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Forex News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.