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!
Also, if you don’t have your own Forex Trading System with a trading plan make sure you read the Forex Trading System article!
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