{"id":22526,"date":"2009-11-17T00:44:18","date_gmt":"2009-11-17T04:44:18","guid":{"rendered":"http:\/\/www.forexyard.com\/blog\/en\/?p=6620"},"modified":"2009-11-17T00:44:18","modified_gmt":"2009-11-17T04:44:18","slug":"dollar-jumps-on-disappointing-u-s-data","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2009\/11\/17\/dollar-jumps-on-disappointing-u-s-data\/","title":{"rendered":"Dollar Jumps on Disappointing U.S. Data"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/profile-pics\/16.jpg\" width=\"120\"  alt=\"printprofile\" \/><\/p>\n<p>The U.S. Dollar made some significant gains today, following a string of poor results from the world&#8217;s largest economy. This behavior is opposed to yesterday&#8217;s weak USD, which dropped on increasing optimism. The Producer Price Index (PPI) rose by 0.3 %, as opposed to the forecasted 0.6 % increase. The Core PPI unexpectedly declined, and the Industrial Production figures were worse than forecast too. This led to a buy-up of the safe-haven USD.<span id=\"more-6620\"><\/span><\/p>\n<p>The EUR\/USD pair rose by   120 pips today, as it currently stands at the 1.4847 level. The USD also reversed some of yesterday&#8217;s losses against the British currency, as the GBP\/USD cross fell by 35 pips today to the 1.6786 mark. The U.S. Dollar also made some inroads into the JPY, as the USD\/JPY cross has risen by 20 pips so far today. As late night trading kicks in, it is recommended that you continue buying into USD positions, as today&#8217;s trends are expected to continue.<\/p>\n","protected":false},"excerpt":{"rendered":"<p> The U.S. Dollar made some significant gains today, following a string of poor results from the world&#8217;s largest economy. This behavior is opposed to yesterday&#8217;s weak USD, which dropped on increasing optimism. The Producer Price Index (PPI) &#8230;<\/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-22526","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/22526","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=22526"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/22526\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=22526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=22526"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=22526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}