US PPI causes Dollar surge

Note: This section contains information in English only.
Source: Dukascopy Bank SA


Despite the US Consumer Price Index not impacting the markets on Tuesday, there is still inflation at the producer level. Namely, the publication of the US Producer Price Index has revealed that inflation in the US is persistent.

The new data indicates that the US Federal Reserve still has to combat inflation by tightening monetary policy. The Fed cannot cut interest rate, if prices continue to rise. Due to this reason the US Dollar index surged. The news caused a surge of more than 50 points that easily passed above the 103.00 mark.

The US Producer Price Index was forecast to show an increase of 0.3%. Actual price increase was 0.6%. Meanwhile, the Core PPI was expected to come in at 0.2%, but turned out to be a 0.3% price hike.

Previously, the United States Consumer Price Index hit the market forecast by showing a monthly price increase of 0.4%. However, the Core PCI was above the forecast of 0.3% by revealing core price growth of 0.4%.
Back to articles

Actual Topics

Tue, 19 Mar 2024 09:55:38 GMT

Bank of Japan ends negative interest rates

The Bank of Japan has hiked its base interest rate from the -0.10 rate up to +0.10. This it he first rate hike in Japan in 17 years. The event has ended the eight years of negative interest rates in Japan. However, instead of an expected surge of the Japanese Yen. The Yen shortly surged, before resuming the previous

Fri, 08 Mar 2024 13:42:48 GMT

US employment moves the markets

The US Bureau of Labor Statistics has published the monthly US employment data sets. Data reveals a mixed month, as the statistics have shown good and bad aspects in the US labour market. USD reacted to the news by sharply dropping and resuming the previous decline, as mixed news appear to have allowed the market to continue on in

Subscribe to "Fundamental Analysis" feed

Subscrever
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre as opções binárias do Dukascopy Bank / Plataforma de negociação Forex, SWFX e outras informações relacionadas com Trading,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para saber mais sobre a plataforma de Trading / Trading de Crypto/ CFD / SWFX e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para saber mais sobre o programa de Introdutor de Negócios e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.