Tag: producer price index

US Dollar Slides on Weak Data

The US dollar declined on Wednesday after government data showed only a modest rise in retail sales and a bigger than expected drop in...

European Stocks Rebound, Euro Edges Lower Post-Fed

European stocks rebounded from a two-day skid Monday, while the euro declined against the dollar after St. Louis Fed President James Bullard said a...

Housing Data, FOMC Minutes to Drive US Dollar This Week

The US dollar was little changed against a basket of currencies on Monday, as American traders paused to observe President’s Day. The greenback could...

The Key Benefits of using Producer Price Index (PPI)

Known as the Wholesale Price Index from the time of its inception till the late 1970s, the Producer Price Index and the Consumer Price...