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Old 06-15-2007, 04:26 AM
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Join Date: May 2007
Posts: 17
Default how does PPI affect Forex market
yesterday there was annoucment of PPI on USD

how does that affect USD?
thanks
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Old 06-15-2007, 09:24 AM
rhodytrader's Avatar
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Join Date: Dec 2006
Posts: 1,000
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PPI has become a near meaningless report. Unless it comes out way off of expectations, it normally has minimal forex impact. It's more useful for getting an idea of corporate profit markets. If PPI is rising but CPI isn't, profit margins are narrowing.
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