Producer Prices in the US decreased to 8.7 %YoY in August from 9.8% in the previous month and below market expectations of 8.9%.
Producer prices for final demand in the US excluding foods and energy decreased to 7.3% YoY in August, following a 7.6% increase in July, still above market expectations of a 7.1%.
EURUSD is trading lower today and today’s data provided more fuel for bears. The main currency pair is currently is moving further away from parity level. Source: xStation
Daily summary: massive selloff in crypto; Fed cut in December 💵
Three market to watch next week (21.11.2025)
BREAKING: UoM report suggests a decline in inflation expectations 📌
BREAKING: US PMI beats expectations slightly; EURUSD with no reaction 📌