At 2:00 am ET Monday, Destatis is set to release the German import price index for March. The index is seen to rise 0.4 percent on month, compared to a rise of 1.4 percent in February. Year-on-year, the index is expected to fall 2 percent, slower than the 3 percent decline in February.
Ahead of the data, the Euro showed mixed trading against its major rivals. While the Euro rose slightly against the Pound, the U.S. dollar and the Yen, it held steady against the Swiss franc.
As of 1:55 am ET, the Euro was trading at 0.7160 against the Pound, 1.0361 against the Swiss franc, 1.0873 against the U.S. dollar and 129.33 against the Yen.
The material has been provided by InstaForex Company – www.instaforex.com