Forex Top Team

Reacting to dollar selling, U.S. PPI growth slower than expected

In response to the US Producer Price Index (PPI) for May, which came in lower than market expectations with a month-on-month decrease of -0.3% and a year-on-year increase of +1.1%, there has been a broadening reaction of USD selling, along with a decline in US bond yields.

 

Continuing with the USD selling perspective.

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