U.S. Dollar Retreats As Producer Prices Drop: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. Dollar Retreats As Producer Prices Drop: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Source: EODHD - https://finance.yahoo.com/markets/currencies/articles/u-dollar-retreats-producer-prices-165205557.html
Published: Jul 15, 2026 12:52 PM

U.S. Dollar Pulls Back As PPI Misses EstimatesDXY 150726 4h Chart U.S. Dollar Index is moving lower as traders react to Producer Prices report. The report indicated that Producer Prices decreased by -0.3% month-over-month in June, compared to analyst forecast of 0%. Core PPI increased by +0.2%, while analysts forecasted that it would grow by +0.4%. Today, traders also had a chance to take a look at the NY Empire State Manufacturing Index report. The report showed that NY Empire State Manufacturing Index improved from 5.70 in June to 15.60 in July, compared to analyst consensus of 8.8. Currently, U.S. Dollar Index is trying to settle below the support level at 100.50 – 100.65. In case this at...

Market context: This update is relevant to EUR traders, with EURUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.