Germany: Wholesale Price Index falls by 0.4% in June

FXstreet.com (Barcelona) - German Wholesale prices dropped by 0.4% in June, following a 0.4% decrease in May, Destatis informed today. Analysts expected 0.3% growth.

Year-over-year the German Wholesale Price Index rose 0.7% in June, compared with the 0.1% drop in May.

EUR/USD consolidates above 1.3100

The EUR/USD has been propelled from the mid 1.28s on Wednesday to just above 1.32 post-Bernanke speech last night, correcting lower then to the current area of 1.3115/20..
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