BREAKING: US PPI above expectations. EURUSD gains 📈

01:30 PM GMT, United States - Inflation Data for November:

PPI: actual 0.4% MoM; forecast 0.2% MoM; previous 0.3% MoM;
PPI: actual 3.0% YoY; forecast 2.6% YoY; previous 2.6% YoY;
Core PPI: actual 3.4% YoY; forecast 3.2% YoY; previous 3.1% YoY;
Core PPI: actual 0.2% MoM; forecast 0.2% MoM; previous 0.3% MoM;

01:30 PM GMT, United States - Employment Data:

Initial Jobless Claims: actual 242K; forecast 221K; previous 225K;
Continuing Jobless Claims: actual 1,886K; forecast 1,880K; previous 1,871K

Key currency pair rebounds after the relase of producers' inflation data for the US, breaking out of its today's downward spiral. Euro is supported by rather hawkish comments following the ECB's decision to cut the Eurozone rate by 25 bp, suggesting the divergance in the direction of monetary policy between the US and the EU. US jobless claims also came in higher than expected, further implying the room for Fed's rate cut next week.

Source: xStation5

8 May 2026, 1:30 PM

BREAKING: US Labor Market Stronger Than Expected, While Wage Pressure Eases. EURUSD gains!🚨

8 May 2026, 11:59 AM

📈 EURUSD up 0.4% before the NFP

8 May 2026, 7:20 AM

Economic calendar: NFP and central bankers to fight for the spotlights with war updates (08.05.2026)

7 May 2026, 9:45 AM

NOK surges following Norges Bank's rate hike

Economic reports

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