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fxJul 15, 2026, 1:52 PM

EUR/USD Recovers as Soft US PPI Weighs on Dollar

The euro rebounded on Wednesday after the US Dollar weakened following softer-than-expected US PPI data. EUR/USD traded around 1.1430, recovering from an earlier intraday low.

EURUSD

The euro found support on Wednesday as the US Dollar came under pressure following the release of softer-than-expected US Producer Price Index (PPI) data. The pair recovered from an intraday low to trade near 1.1430.

The downside surprise in inflation data weighed on the greenback, allowing EUR/USD to regain ground. Market participants are now focusing on further US economic releases for direction.

Source: FXStreet Forex News