PPI News Trade idea
Here are the most important developments:
Inflation in America declined yesterday, less than expected, to 3.0%, which increased bets that the US Federal Reserve will reduce interest rates next September.
• This matter led to severe bleeding in the US dollar, and in return, gold shined, approaching its highest historical level.
• Brianna: This weakness of the US dollar will continue, provided that... the inflation data on American industrialists declines.
Inflation in America declined yesterday, less than expected, to 3.0%, which increased bets that the US Federal Reserve will reduce interest rates next September.
• This matter led to severe bleeding in the US dollar, and in return, gold shined, approaching its highest historical level.
• Brianna: This weakness of the US dollar will continue, provided that... the inflation data on American industrialists declines.
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