Headline CPI came out at 0.4% as expected, but y/y it is up 2.6%, better than predicted. More importantly, core PPI jumps 0.4% m/m and 2.2% y/y, both exceeding early estimations. In addition, jobless claims fall to 243K, better than expected. All in all, the positive figures are supporting the US dollar. The US was [...]
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