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Forexlive Americas FX news wrap: US dollar sinks after soft PPI

Forexlive Americas FX news wrap: US dollar sinks after soft PPI
US March PPI -0.5% m/m vs 0.0% expectedUS weekly jobless claims 239K vs 232K expectedECB's Kazaks: Risk of recession is non-trivial. Rates will need to go up more.US 30 year fixed rate mortgage 6.27% in the April 13 weekIMF's Georgieva: Inflation rates are still too highBOE's Pill: High frequency indicators of momentum in wage developments appear to be easingBOE Pill: Do not expect a discontinuity in household spending as homeowners refinanceOPEC leaves demand forecast unchanged but flags downsi... Read More
Posted: Apr 13 2023, 20:24
Author Name: forexlive
Views: 092041

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