The Euro traded sideways against the US Dollar, following the US PPI data release on Friday at 12:30 GMT. The EUR/USD exchange currency rate lost 3 pips or 0.02% after the release. The Euro continued trading at the 1.1305 level against the Greenback after the release.
The Bureau of Labor Statistics released the US Core PPI data, which came out worse-than-expected of negative 0.3% compared with the forecast of 0.1%.
According to the official release: "In June, the decrease in the final demand index is attributable to a 0.3-percent decline in prices for final demand services. In contrast, the index for final demand goods rose 0.2 percent."
| Date | 09.04.20 | 13.05.20 | 13.05.20 | 11.06.20 | 10.07.20 |
|---|---|---|---|---|---|
| Actual | 0.2% | -0.3% | -0.3% | -0.1% | -0.3% |
| Forecast | 0.0% | -0.1% | -0.1% | -0.1% | 0.1% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.69436 | 0.69472 | 0.05% |
| EUR/USD | 1.12793 | 1.12826 | 0.03% |
| NZD/USD | 0.65657 | 0.65696 | 0.06% |
| USD/JPY | 106.797 | 106.771 | -0.02% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 33.5% | 66.5% |
| EUR/USD | 31.8% | 68.2% |
| NZD/USD | 37.9% | 62.1% |
| USD/JPY | 39.4% | 60.6% |
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