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Forex blog posts about PPI are presented here. You can click the selected excerpt's title to continue reading on 'PPI'.

EUR/USD Rises as IMF Seeks Increase of Lending Capability

January 18th, 2012

EUR/USD advanced today for the third session as the International Monetary Fund wants to boost its lending resources by $500 billion to safeguard from the global economy from the European crisis. Greek Prime Minister Lucas Papademos will talk with private bondholders to convince them forgive Greece at least half of its …

EUR/USD Ends Decline on Spanish Bond Auction

December 15th, 2011

EUR/USD advanced today, ending the three-day decline, after Spain’s debt auction exceeded its maximum target. The US data today can be considered good for the most part, most notably unemployment claims that continue to fall.

PPI increased 0.3% in November, exactly as forecasts promised. The index declined with …

EUR/USD Down as Market Sentiment Remains Unfavorable

November 15th, 2011

EUR/USD was down today as pessimism and doubts about ability of the European Union to resolve the debt crisis plagued traders. The news from the US, on the other hand, were largely positive, excluding the falling PPI.

PPI edged down 0.3% in October (seasonally adjusted) after rising 0.8% in September, while median forecast …

EUR/USD Extends Decline as Moody’s Says France’s Rating in Danger

October 18th, 2011

EUR/USD dropped today for the second day as Moody’s Investor Service added to worries about Europe, saying that France’s top credit rating is threatened by the region’s debt crisis. At the same time, the economy of the US showed sings of improvement, alleviating concerns about a potential economic slowdown.

PPI rose 0.8% in September, …

European Leaders Work on Resolution for Crisis, EUR/USD Rises

September 14th, 2011

EUR/USD rebounded from the earlier decline today on the speculation the European leaders are working toward resolution of the debt crisis and may reach success. The currency pair was rising today, corrected by 12:45 GMT, but currently resumed its advance. Today there was plenty of data from the US, but nothing …

EUR/USD Surges Despite Debt Concerns

August 17th, 2011

EUR/USD managed to jump today even after yesterday European leaders failed to reach agreement about measures to battle the debt crisis. The rally wasn’t caused by news from the US as there was not much US economic data today and what the released data was positive for the US anyway.

PPI rose …

EUR/USD Erases Gains After Reaching Weekly High

July 14th, 2011

EUR/USD erased its gains today on concerns that the European sovereign-debt crisis is spreading. The US PPI was negative last month, but retail sales unexpectedly grew and jobless claims dropped more than predicted. EUR/USD trades now near its opening level of 1.4163 after it jumped …

EUR/USD Moves Higher as China Reduces Demand for Safety

June 14th, 2011

EUR/USD rose today as the positive economic data from China reduced demand for the dollar as a safe haven. The euro declined versus the dollar somewhat as the US economic reports were better than expected, but remained strong. EUR/USD trades now at 1.4479.

PPI rose 0.2% in May (seasonally adjusted) following the increase …

EUR/USD Remains Flat, US Economy Looks Good

May 12th, 2011

EUR/USD traded sideways for the most part of the day. The currency pair fell a little, but quickly recovered. The economic reports from the US were very positive today and that may put a downward pressure on the euro. EUR/USD trades now at 1.4218.

PPI rose 0.8% in April, on a seasonally adjusted basis, following the increase …

EUR/USD Recovers as Jobless Claims Climbs, PPI Growth Slows

April 14th, 2011

EUR/USD fell today as Greece and other indebted nations of European Union may be required to restructure their debt, but the currency pair currently recovers as the US economic data was worse than expected. The jobless claims unexpectedly rose last week, while PPI grew less than predicted. EUR/USD …

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