US dollar faces some selling pressure after PPI ...Middle East

The US dollar is under some selling pressure, falling around 20 pips since the PPI report.The data was a touch soft but the headlines highlight disinflationary pressure in the pipeline with the m/m number flat following a 0.4% decline in October. Given the declines in energy prices, December will surely be negative as well.USD/JPY has fallen to 145.23 from 145.65 before the data:Treasury yields are lower, led by the front end. US 2s are down 5.5 bps to a session low of 4.67%, all of it since PPI. That's an aggressive move ahead of the FOMC in a few hours but highlights a market that's convinced the Fed will eventually cut rates.I also wonder if there's some broader yen buying underway here a

Hence then, the article about us dollar faces some selling pressure after ppi was published today ( Wednesday 13/12/2023 - 05:08 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( US dollar faces some selling pressure after PPI )

Last updated : 13 Dec 2023 clock 05:08 PM

Also on site :

US dollar faces some selling pressure after PPI ...Middle East

PG&E warns Northern California counties of likely power shutoffs starting Sunday

¿Es el Reino Unido ingobernable?

Down and then out in Paris and London? Why Starmer isn’t the only one with a popularity problem

Taiwan presses case for U.S. arms after Trump says he's not decided on new sales

Jiangsu University Hosts a Decade of Scientific Innovation and International Recognition for Egyptian Scientist Sameh Samir Ali

MS Dhoni set for CSK comeback vs SRH as Ravichandran Ashwin drops huge update

Onagawa No. 2 reactor to be halted for inspection after radioactive steam detected

Gov. Abigail Spanberger Fumes as SCOTUS Denies Democrat Party’s Virginia Redistricting Map Appeal

France’s Urban Factory Boards ‘Los Eastman’ at Cannes Fantastic Pavilion (EXCLUSIVE)

NYT Connections Sports Edition Today: Hints and Answers for Saturday, May 16, 2026

Gaza airstrike targeted Hamas military wing leader, Israel says

Alabama softball shuts out USC Upstate 8-0 in NCAA tournament opener

Rodrigo Sorogoyen on Javier Bardem and Shooting ‘The Beloved’ as Full-On Experiment: ‘If This Had Been My First Film, I Wouldn’t Have Taken So Many Risks’

British Palestinians feel ‘gaslit’ and unable to speak out, says leading activist

I took my bikini to the new Thames swimming spot. But it was too gross to get in