US PPI and TIC Investment Data on Tap Today
October 18, 2011 at 11:38 AM EDT
Source: ForexYard US PPI and TIC Investment Data on Tap Today Data on American inflation and investment today may indicate mild optimism that could drive the greenback lower in the short-term. Recent news has done little to alter the current direction of the forex market, though news could hold values steady should they come in near forecasts. PPI and TIC Long-Term Purchases in the US are forecast to hold steady this month, which could have the effect of lifting the value of riskier assets, though this will need further data to be confirmed. Economic News USD – US Dollar Stabilizes as Markets Prepare for Busy News Day The US dollar (USD) was seen trading mildly bullish early Tuesday . . . → Read More: US PPI and TIC Investment Data on Tap Today