New Zealand Producer Price Index - Output (QoQ) registered at 0.6%, below expectations (0.7%) in 3Q

EUR/USD turns negative on the day and drops below 1.1600 for the second straight day on risk-off mood as investors wait for NVIDIA earnings, and digest US labor market data, orders ahead of Thursday’s Nonfarm Payrolls report. The pair trades at 1.1586, down 0.04%.