Annual producer inflation in the United States remained unchanged at 9.7% in January, which was the highest since data were first calculated in 2010, well above analysts’ estimates of 9.1%.
The producer price index for final demand less foods and energy also remain unchanged at 8.3% from a year earlier in January, the largest advance since data were first calculated in 2011, and above market expectations of an 7.9%.
EURUSD is trading higher today and today’s PPI data provided more fuel for bulls. The main currency pair is currently approaching a short-term resistance zone in the 1.1365 area. Source: xStation5
RBNZ raises interest rates again, yet NZD falls after the decision ⚔️
Economic calendar: central bank decisions and US ADP report in focus 🔎
Morning wrap (02.09.2026)
BREAKING: Eurozone Inflation Comes In Below Forecasts, Unemployment Rises. EURUSD reacts