The EMU's producer price index came short of expectations with YoY and MoM growth of 3.3% and 0.5%, respectively. Initial and continuing jobless claims in the US are expected to decrease to 380K and 3.311 millions (from 388K and 3.315 millions). Other important announcements that investors will be paying close attention to are the nonfarm productivity and unit labor costs, which are predicted to yield quarterly changes of -0.5% and 2.8%. The Federal Reserve's Lockhart, Dudley and Plosser will be giving speeches today as well.
The pair is currently trading at 1.3130, losing 0.21%.