Producer price index jumps 1% in January. Wholesale prices of most goods and services, including beef, have risen sharply in the past year to drive the biggest increase in inflation in decades. US wholesale prices jumped 1% in January and showed there’s still plenty of inflation engulfing an economy facing …
Read More »USD/JPY Rebounds On Hawkish Fed Speakers, Higher US Yields
The USD/JPY pair has rebounded from the 1.1500 level during the US trading session on Monday, having failed on multiple occasions since last Friday to break below the key level. The pair is now trading close to highs of the day in the 115.60s, up about 0.2% and is eyeing …
Read More »