October 17, 2006

PPI
Update: 0.1Percent
Estimate: -0.7Percent
Actual:

Core PPI
Preceding: -0.4Percent
Estimate: 0.2Percent
Actual:

What Can we look for in these Amounts to support USD?
I personally believe the -0.7percent PPI was due largely to the reduced Fuel price a month as already shown last Retail Sales. Core PPI stands in 0.2%.

What will happen if Core comes in 0.2percent or lower? Will that USD?
However, what if PPI comes greater than -0.7% in precisely the same moment? Will that support USD?

Hmm... I wonder whether USD Sentiment remains there. Can USD be a loser now?

Alot of Individuals are trading CORE PPI blowing off PPI. .


Anecdote:

From Jan thus far, Estimate Core PPI has always been 0.2 percent.
* From Historic charts, I discovered that Core PPI lower than 0.2% consistently short USD.
* A 0.3% occasionally supports USD just to undo later then goes back to neutral (July)
* 0.4percent and up is a definite USD long.
Can we see 0.4percent later?
I've seen 0.4percent ONLY after (Feb) this year. . Most are 0.3percent and lower.