The EUR/USD currency pair remains range-bound, hovering near one-month lows as traders digest mixed data from the US. On Wednesday, the exchange rate showed little movement, with the Euro trading at approximately 1.0700 against the US Dollar. The lack of significant reaction to the latest Producer Price Index (PPI) and Retail Sales figures indicates a cautious market sentiment.
The recent economic indicators, which included a 0.3% increase in PPI and a 0.5% rise in Retail Sales, failed to provide clear direction for the USD. As a result, the Euro continues to hold steady, reflecting uncertainty among traders about the implications of these data on future monetary policy. Market participants are likely to remain vigilant as they await further economic developments that could impact the EUR/USD exchange rate.
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Data Source: FX Killer Analysis Team Updated: 2026-01-14 15:46
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.