Blogs

USD/CAD’s rebound tested the mid-1.34 resistance area on Thursday.

The Producer Price Index (PPI) for final demand in the US rose 1% on a yearly basis in December, up from the 0.8% increase (revised from 0.9%) recorded in November, the data published by the US Bureau of Labor Statistics revealed on Friday.

United States Producer Price Index (MoM) registered at -0.1%, below expectations (0.1%) in December

United States Producer Price Index (YoY) registered at 1%, below expectations (1.3%) in December

United States Producer Price Index ex Food & Energy (YoY) came in at 1.8%, below expectations (1.9%) in December

United States Producer Price Index ex Food & Energy (MoM) below expectations (0.2%) in December: Actual (0%)

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