Dollar gets a boost after PPI data - ConsultFX

Dollar gets a boost after PPI data

Ex food and beat to the upside (+0.4% vs +0.2% estimate) The EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD are all trading at extremes (dollar positive) after the better than expected US PPI data. The initial jobless claims are also showing a rebound, although it is still being influenced by hurricanes (Harvey, Irma and Maria).   Copyright 2015 Forexlive.com