SubscribeUS Session: Dollar Weakens Amid Fading Inflation Concern
June 17th, 2009 • Related • Filed Under
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The dollar fell against the euro and yen due to economic announcements out of the US. Inflation remains a key concern in the global financial environment, and both Traders as well as Investors are watching indicators like CPI and PPI closely. CPI came in less than expected at 0.1% vs. 0.3% forecasted lessening concerns that the Fed may increase rates by year end. The EurUsd climbed 114pips to… | ||||||||||||||||||||
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