Germany Producer Price Index (MoM) below forecasts (0.2%) in February: Actual (0.1%)

FXStreet.com (Barcelona)

Mar 20, 2015

Entering a EUR/USD 2M 1.04-1.00 Put spread – Nomura

FX strategists at Nomura, view that EUR/USD’s downside will likely be driven by fixed income outflows from the Eurozone, and hence enter into a put spread for the pair, targeting 1.00-1.04 levels within two months.

Germany Producer Price Index (MoM) below forecasts (0.2%) in February: Actual (0.1%)

Entering a EUR/USD 2M 1.04-1.00 Put spread – Nomura

Germany Producer Price Index (YoY) came in at -2.1% below forecasts (-1.9%) in February