Wednesday morning at 8:30am EST (New York Time), the U.S. PPI figures for April is scheduled to be released. The Producer Price Index (PPI) is released monthly by the U.S. Department of Labor. It shows us what the change in the price of finished goods and services sold by their producers that month is.
In March there was a 0.6% decrease in the PPI following a 0.7% increase in February. A 0.6% decrease seems to be the general expectation for tomorrow’s figures.
The U.S. Dollar has been strong recently! Will it continue throughout this week? Make sure you stay up to date with our Daily Technical Analysis Videos by Nathan!
For news updates and more fundamental Forex info, follow the Winner’s Edge account. Follow Casey’s twitter account, Nathan’s twitter account, and Tim’s twitter account too for Forex analysis, and trade ideas!
Also, if you don’t have your own Forex Trading System with a trading plan make sure you read the Forex Trading System article!
Latest posts by admin (see all)
- How To Trade The Fractal Indicator - April 3, 2017
- How to Use Candlestick Patterns to Start Winning More Trades - March 19, 2017
- Weekly Review Strike 3.0 - December 16, 2016
Winner’s Edge Trading, as seen on: