Daily Market Review: Dollar Rebounds on Producer Prices Surge
Channel: JFD Brokers
Date: 2021-08-13

Daily Market Review by Charalambos Pissouros

The US dollar rebounded against all its major peers yesterday, after the US #PPIs recorded their biggest increase in more than a decade. With producer prices feeding into consumer prices, this suggests that the #CPIs may have not hit a celling yet and may have increased again bets on a potential tapering announcement by the #Fed in September.

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