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).
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