FOREX TECHNICAL VIDEO:PPI comes in hotter than expected sending the USD higher. What next? | Forexlive
The US PPI data came in stronger than expected and that sent the USD higher in early NY trading. In the US morning forex technical report, I review three of the major currency pairs – the EURUSD, USDJPY and GBPJPY – and outline the bias, risk and target levels as the dollar moves to the upside.