US Dollar Flat Following Release of US PPI

Jun 11,2019 15:27   Source:Earnforex
The US Dollar index was flat today as the greenback was somewhat directionless during the trading session. Overall though, fundamentals looked really negative for the US currency, meaning that it has room for downside. The US Bureau of Labor Statistics reported that the seasonally adjusted Producer Price Index rose 0.1% in May. While the reading was within market expectations, it was a slowdown from the April’s 0.2% growth. In fact, […]

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