United States Producer Price Index (YoY) came in at 0.9% below forecasts (1%) in November

Dec 13, 2023

USD/CAD drifts to new lows below 1.3600 awaiting Fed’s decision

The US Dollar is extending losses in a calm European trading session with the market awaiting the outcome of the Fed’s monetary policy decision before placing significant bets.

United States Producer Price Index (YoY) came in at 0.9% below forecasts (1%) in November

USD/CAD drifts to new lows below 1.3600 awaiting Fed’s decision

United States Producer Price Index ex Food & Energy (YoY) below expectations (2.2%) in November: Actual (2%)