Forex: EUR/USD sidelined around 1.3060/65

The single currency is posting gains on Friday against its American counterpart, hovering over 1.3060/65 ahead of the German Producer Prices due later. Prior surveys expect the prices to rise 0.7% on a yearly basis and 0.0% MoM...
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Germany: Annual Producer Price Index rises less than expected in March

The German PPI increased 0.4% in March, after growing 1.2% in February, according to data released today by Destatis. Market consensus pointed to a 0.7% rise.
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