{"id":91884,"date":"2026-11-13T21:26:22","date_gmt":"2026-11-13T10:26:22","guid":{"rendered":"https:\/\/www.ic.com\/blog\/?p=91884"},"modified":"2026-11-13T21:26:23","modified_gmt":"2026-11-13T10:26:23","slug":"trade-the-euro-on-the-us-ppi-data-3","status":"publish","type":"post","link":"https:\/\/www.ic.com\/blog\/trade-the-euro-on-the-us-ppi-data-3\/","title":{"rendered":"Trade the Euro on the US PPI Data"},"content":{"rendered":"\n

The US dollar has been on a strong run this week, pushing to fresh annual highs against the majors, and today’s Producer Price Index (PPI) data could provide the catalyst for another move higher.<\/p>\n\n\n\n

Traders will be watching the inflation numbers closely after this week’s hotter-than-expected CPI data increased expectations of further Federal Reserve rate hikes. Another strong inflation print today could reinforce those expectations and send US Treasury yields and the dollar higher once again.<\/p>\n\n\n\n

EUR\/USD looks particularly vulnerable heading into the release, having already broken down to fresh annual lows this week. A stronger-than-expected PPI number could see selling pressure intensify, opening the door for another leg lower to the key 1.1000 level in short order as traders increase their bets on a more aggressive Fed.<\/p>\n\n\n\n

A weaker print could provide some temporary relief for the Euro and trigger profit-taking on dollar longs. However, with the broader trend firmly favouring the greenback, any significant recovery may struggle to gain traction.<\/p>\n\n\n\n

With the dollar already trading near key technical levels, today’s data could be the trigger for another substantial move in EUR\/USD heading into the weekend.<\/p>\n\n\n\n

Resistance 2: 1.1272 \u2013 November High<\/p>\n\n\n\n

Resistance 1: 1.1218 \u2013 Trendline Resistance<\/p>\n\n\n\n

Support 1: 1.1044 \u2013 2026 Low<\/p>\n\n\n\n

Support 2: 1.1000 \u2013 Key Physiological Level<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

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Risk Warning:<\/strong> Trading in securities involves significant risk. Prices may fluctuate and securities can become entirely valueless. You may incur losses that exceed your potential profits, and in some cases, losses may exceed the amount you have deposited. Securities, futures, options, and contracts for differences are complex financial instruments and are not suitable for all investors. Engaging in such transactions requires a sound understanding of the associated risks. Please read and ensure you fully understand our Risk Disclosure<\/a>.<\/p>\n\n\n\n

Our leverage is dynamic and may change at any time. Such changes may affect your positions and margin requirements. You are responsible for monitoring your positions and maintaining sufficient margin at all times<\/p>\n","protected":false},"excerpt":{"rendered":"

The US dollar has been on a strong run this week, […]<\/p>\n","protected":false},"author":8,"featured_media":70286,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[462],"tags":[],"class_list":["post-91884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/posts\/91884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/comments?post=91884"}],"version-history":[{"count":1,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/posts\/91884\/revisions"}],"predecessor-version":[{"id":91886,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/posts\/91884\/revisions\/91886"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/media\/70286"}],"wp:attachment":[{"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/media?parent=91884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/categories?post=91884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ic.com\/blog\/wp-json\/wp\/v2\/tags?post=91884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}