Using PPI to trade forex: Talking points PPI stands for the Producer Price Index, which is an important piece of economic dataPPI data is released during the second week of each month.Forex traders can use PPI as a leading indicator to forecast consumer inflation measured by the Consumer Price Index (CPI). PPI is an important piece of economic data due to its ...
US Dollar Forecast- Dollar and Market Confidence Ride on FOMC Decision The US Dollar managed to muscle out a modest advance this past week despite favorable winds for investor sentiment (through benchmarks like S&P 500 and volatility indexes) as well as a persistent dovishness in rate forecasts. Japanese Yen Forecast – USD/JPY to Eye Fresh Highs on Less-Dovish FOMC, More BOJ Easing The fundamental outlook for USD/JPY remains bullish as Federal Open Market Committee (FOMC) ...
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