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US Producer Price Index ex Food & Energy (YoY) steadies at 1.7% in Apr; 0.1% (MoM)

US Producer Price Index (YoY) decreases to 0.6% in Apr; 0.1% (MoM)

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The cross is now retreating 0.45% at 1.2862 and a violation of 1.2747 (low Apr.4) would expose 1.2679 (61.8% of 1.2042-1.3711) and finally 1.2662 (low Nov.13). On the flip side, the next hurdle is loc

The New York Federal Reserve Bank informed that the Empire State manufacturing index fell to -1.43 in May, missing the median at 4.0 and lower than April’s 3.05...
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