Current Eurozone PPI at 0.2% vs Forecast of 0.3%; EURUSD Volatile

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Update: Wednesday, 03/09/2025 - 16:04 PM
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The Eurozone has released its producer price index (PPI) data, impacting the EURUSD currency pair during trading on Wednesday (September 3, 2025).

In July, the PPI was reported to have increased by 0.2% year-on-year (YoY), falling short of the Trading Central forecast of 0.3% YoY and down from the previous month’s growth of 0.6% YoY.

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Following this announcement, the EURUSD exhibited volatility, peaking at a daily high of 1.16605.

A low PPI growth figure could put pressure on the EURUSD. This is due to the expectation that with a lower PPI, inflation (consumer price index or CPI) may not accelerate, and could even decline.

Such a scenario would provide the European Central Bank (ECB) with room to consider lowering interest rates again.

However, despite this, the EURUSD is currently trading near its daily high after experiencing a rebound from a drop earlier in the day. The currency pair appears to be recovering possibly due to profit-taking activities affecting the US dollar.

Thus, there exists a potential for the EURUSD to come under pressure again once the profit-taking activity concludes. Moreover, attention is currently focused on the European bond market, which is undergoing significant selling due to fiscal and debt issues. Should this sell-off continue, the EURUSD is likely to face further downward pressure.

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