Is the U.S. dollar really the best of a bad lot? Even disappointing Producer Price Index (PPI) and manufacturing data released yesterday suggests that the U.S. recovery is somewhat uneven. Regardless, it has not been able to stall the 'mighty' dollar's rally. The dollar bull continues to rely on the last few weeks' upbeat jobs prints to aid the buck in its quest to climb higher. It was lower energy prices that led American wholesale prices to its biggest decline in the PPI in more than three yea...
Is the U.S. dollar really the best of a bad lot? Even disappointing Producer Price Index (PPI) and manufacturing data released yesterday suggests that the U.S. recovery is somewhat uneven. Regardless, it has not been able to stall the 'mighty' dollar's rally. The dollar bull continues to rely on the last few weeks' upbeat jobs prints to aid the buck in its quest to climb higher. It was lower energy prices that led American wholesale prices to its biggest decline in the PPI in more than three yea...
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