Forex Traders Weekly Outlook – US Dollar Safe Haven Flows and Yields

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  • #47716
    Truman
    Participant

    The US dollar fell 60 pips across the board after PPI came in much lower than expected.

    October producer price index was at 8.0% compared to 8.3% expected.

    It was seen as another sign that inflation has peaked, and that the Fed needn’t raise rates much above 5%.

    USDJPY fell 160 pips 137.69 at one stage

    #47506
    KnovaWave
    Participant

    The U.S. Dollar showed some resilience by week’s end after weeks of correction with safe haven flows as China’s lockdown drew domestic protests. We ar
    [See the full post at: Forex Traders Weekly Outlook – US Dollar Safe Haven Flows and Yields]

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