{"id":32023,"date":"2022-11-15T08:43:01","date_gmt":"2022-11-15T08:43:01","guid":{"rendered":"https:\/\/errante.com\/?p=32023"},"modified":"2022-11-15T08:43:01","modified_gmt":"2022-11-15T08:43:01","slug":"us-ppi-in-focus-today","status":"publish","type":"post","link":"https:\/\/errante.com\/ar\/newsroom\/us-ppi-in-focus-today\/","title":{"rendered":"US PPI in Focus Today"},"content":{"rendered":"\n
In the US, particular attention will be on today\u2019s PPI numbers in the wake of last week\u2019s positive reaction to the lower-than-expected CPI. In recent months PPI has tended to act as a leading indicator, although there was a spike in June, the general trend has been a gradual decline in prices since the end of Q1. Final demand PPI is expected to slip back to 8.3% from 8.5%, while core PPI excluding food and energy is expected to remain steady at 7.2%.<\/p>\n\n\n\n
EURUSD<\/a> \u2013 Failed to push above the August highs at 1.0370, with the 200-day SMA the next key resistance at 1.0430.<\/p>\n\n\n\n GBPUSD<\/a> \u2013 Slipped back from the 1.1855 area but remains in the uptrend from the September lows.<\/p>\n\n\n\n EURGBP<\/a> \u2013 Failed at the 0.8820\/30 area yesterday, with support still at or around the 0.8690 area.<\/p>\n\n\n\n USDJPY<\/a> \u2013 Squeezed all the way back to 140.80 yesterday, after finding support at the 138.40\/50 area.<\/p>\n\n\n\n Times below are GMT+2<\/p>\n\n\n\n Potential instruments to Trade: EUR Crosses.<\/p>\n\n\n\n Potential instruments to Trade: USD Crosses.<\/p>\n\n\n\n Potential instruments to Trade: All Crosses.<\/p>\n\n\n\n If you have any questions or require any assistance, please contact one of our support team members via our Live Chat or email support@errante.com<\/a>.<\/p>\n\n\n\n We are Errante. Trading made personal<\/strong>.<\/p>\n\n\n\n Errante is regulated by the Seychelles Financial Services Authority (FSA) under license number [SD038<\/a>].<\/p>\n\n\n\nTuesday 15th<\/sup> November 2022 – High Impact Events<\/h3>\n\n\n\n