Action Insight Mid-Day Report EUR/USD at New Record High, Yen Surges on Risk Aversion Dollar remains pressured in early US session after a mixed bag of economic data. headline PPI surged much more than expected from 7.2% yoy to 9.2% yoy versus consensus of 8.5% while core PPI was unchanged at 3.0% versus expectation of 3.2%. Retail sales is a disappointment with headline sale growing a mere 0.1% comparing to expectation of 0.5% in Jun. Ex-auto sales rose 0.8% mom, also missed expectation of ...
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