{"id":31011,"date":"2012-07-20T14:02:51","date_gmt":"2012-07-20T18:02:51","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/2012\/07\/american-inflationary-growth-above-expectations\/"},"modified":"2012-07-20T14:02:51","modified_gmt":"2012-07-20T18:02:51","slug":"american-inflationary-growth-above-expectations","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/07\/20\/american-inflationary-growth-above-expectations\/","title":{"rendered":"American Inflationary Growth above Expectations"},"content":{"rendered":"<p><strong>Source: <a href=\"http:\/\/www.forexyard.com\/landsys\/general_static\/en\/?pid=545&#038;mid=888&#038;cid=15844&#038;zid=15873\" target=\"_blank\">ForexYard<\/a><\/strong><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/profile-pics\/8.jpg\" width=\"120\" alt=\"printprofile\" \/><\/p>\n<p>Today\u2019s producer price index (PPI) data released by the <a href=\"http:\/\/www.bls.gov\/news.release\/ppi.nr0.htm\">US Bureau of Labor Statistics<\/a> brought to light the solid growth in inflation across the United States. Last month\u2019s 0.7% growth was one-upped today with April\u2019s reading coming out at 0.8%, above the forecast 0.6%.<span><\/span><\/p>\n<p>Though US retail sales came out slightly below expectations this past month, the inflationary figures grant support to those arguing for an interest rate hike by the Federal Reserve this quarter. While a tightening of monetary policy is not likely, the continual rise in inflationary pressure could generate an adjustment to outlook portfolios, which will likely help the <a href=\"http:\/\/www.forexyard.com\/en\/market-analysis\/usd\/\">US dollar<\/a> regain much of the strength it lost since 2010.<\/p>\n<p>Supporting the USD\u2019s recent surge, moreover, is systemic weakness coming from Europe\u2019s manufacturing and industrial sectors. In line with what forex traders have witnessed in much of Europe these past several weeks, today\u2019s manufacturing reports out of the United Kingdom and industrial production figures from the euro zone all revealed sluggishness.<\/p>\n<p>The impact on the British pound (GBP) and <a href=\"http:\/\/www.forexyard.com\/en\/market-analysis\/eur\/\">EUR<\/a> have been felt, with both currencies pulling lower in today\u2019s early sessions against the USD. The dollar has been higher against most of its counterparts due to heightened risk aversion, but also since a significant portion of forex market participants are bailing out of the euro in exchange for safety from the region\u2019s debt woes.<\/p>\n<p><strong><a href=\"http:\/\/www.forexyard.com\/landsys\/general_static\/en\/?pid=545&#038;mid=888&#038;cid=15844&#038;zid=15873\" target=\"_blank\">Forex Market Analysis provided by ForexYard. <\/a><\/strong><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: ForexYard Today\u2019s producer price index (PPI) data released by the US Bureau of Labor Statistics brought to light the solid growth in inflation across the United States. Last month\u2019s 0.7% growth was one-upped today with April\u2019s reading coming out at 0.8%, above the forecast 0.6%. Though US retail sales came out slightly below expectations &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/07\/20\/american-inflationary-growth-above-expectations\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;American Inflationary Growth above Expectations&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-31011","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/31011","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=31011"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/31011\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=31011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=31011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=31011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}