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Ppi Data

All articles tagged with #ppi data

"Producer Price Data Sparks Surge in US Dollar Value"

Originally Published 1 year ago — by ForexLive

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Source: ForexLive

The US dollar surged following the release of hot Producer Price Index (PPI) data, contributing to concerns about January inflation. Treasury yields also saw an increase, with Fed fund futures now pricing in 86 basis points in cuts this year. The market remains uncertain about the dollar's direction in light of these developments.

Currency Market Update: US Dollar Rises Amid PPI Data and Yield Surge

Originally Published 2 years ago — by ForexLive

Featured image for Currency Market Update: US Dollar Rises Amid PPI Data and Yield Surge
Source: ForexLive

The US dollar has strengthened and yields have risen after a slightly higher-than-expected producer price index (PPI) reading. Despite the small miss, the reaction in the FX and fixed income markets has been significant, with USD/JPY approaching 145.00. These moves may indicate an underlying bias in the market, as seen with rising yields despite a cool CPI reading the day before.