U.S. Dollar Index Trading Higher, Core PPI Rises
The June U.S. Dollar Index is trading at 101.47, up 0.27.
The U.S. dollar index is trading choppy and near the session highs.
The Bureau of Labor Statistics reported that core producer prices (PPI) rose 1.5 percent year over year in February versus a 1.2 percent rise in January. On the month core U.S. PPI rose 0.3 percent in February versus a 0.4 percent rise in January. Producer prices (PPI) rose 2.2 percent year over year in February versus a 1.6 percent rise in January. On the month PPI rose 0.3 percent in February versus a 0.6 percent rise in January.
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Posted-In: U.S. Dollar IndexFutures Forex Markets