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US import prices dip slower than expected in September

FXStreet (Mumbai) - The US government report on Friday showed the import prices fell by a seasonally adjusted 0.1% in September, which is much smaller than the expected 1.6% fall.

The core import price index, which excludes fuel, dropped 0.3%. Meanwhile, on annualised terms the import prices dropped 10.7% mainly due to lower oil prices and a stronger US dollar. Annualised core import prices declined 3.1%.

USD/CAD recovers some pips post-data

The Canadian dollar is surrendering part of its initial advance vs. USD today, now allowing USD/CAD to re-visit the mid-1.2900s...
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USD in the commodity crosshairs - TDS

Research Team at TDS, note that the USD selling has taken on added momentum today as flows and activity have picked up into the end of the week with the greenback lower against most liquid currencies.
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