US inflation is rising, at least at the producer level. PPI is up 0.4% m/m in both the headline and the core numbers. Year over year, PPI is up 2.8% and core PPI is up 2.4%. All the figures come up above expectations. The US dollar is slightly stronger in the immediate aftermath. EUR/USD is [...]
The post US PPI beats with 0.4% – EUR/USD slips from the highs appeared first on Forex Crunch.
via Forex Crunch
No comments:
Post a Comment