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US: PPI rose 0.5% MoM in May

FXstreet.com (Edinburgh) - The Labour Department reported that Producer Prices rose 0.5% MoM during May, bettering expectations at 0.1% and April’s 0.7% drop. Over the last twelve months, prices rose 1.7%, surpassing estimates at 1.4%.

Ex food and energy, wholesale prices remained at 0.1% MoM and 1.7% YoY.

USD/CHF clings to gains after US PPI

The USD/CHF technical pair has hung on to its European gains Friday, following the release of economic data in the United States.
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USD/CAD bounces into positive territory on PPI in US

The USD/CAD foreign exchange rate rebounded and jumped into positive territory Friday, following the release of economic data in the US.
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