The post EUR/USD flat around 1.1650 as hot US PPI, geopolitics freeze trade appeared on BitcoinEthereumNews.com.

EUR/USD consolidates on Wednesday, hoovers around the 1.1645, unchanged amid a risk-off mood sponsored by geopolitical risks, which kept traders on the sidelines. A scarce economic docket in the Eurozone, but a busy one in the US, revealed that factories input prices had risen and weighed on traders’ bets for a Fed rate cut in January. Euro consolidates as firmer US data fails to boost the Greenback Tensions in the Middle East kept most G10 currencies within familiar levels, except for the Japanese Yen, which was underpinned by verbal intervention of Japanese authorities. Wall Street shows signs of rotation, with the two largest US equity indices printing losses, while the Dow Jones was unchanged and the Russell 2000 rose 0.7%. Data from the US revealed that the Producer Price Index (PPI) came hot in November, hitting the 3% threshold in headline and underlying figures on an annual basis. Retail Sales revealed that American consumers remain resilient driving the US economy higher, while the latest update of the Atlanta GDP Now model, shows that the estimate for Q4 2025 is 5.3%, up from 5.1%. In the meantime, Federal Reserve officials were busy during the day. Regional Bank Presidents Bostic, Kashkari —twice, Paulson, Goolsbee and Governor Miran crossed the wires, yet provided no novelty regarding their previous policy stance. In Europe, the docket was empty, yet lawmakers in the European Union are deciding whether to postpone a vote to lift tariffs on US industrial goods to leverage themselves against Greenland takeover by the Trump administration. In addition to this, the French budget is pending for approval, yet it could pass without parliamentary approval, according to Politico citing sources. What’s in the calendar for January 15? The docket in the Eurozone will feature inflation for December in France and Spain, and Industrial Production…

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Filed under: News - @ January 15, 2026 12:20 am