U.S. Producer Price Index (PPI) to Be the Driver of USD Trading Today

 @ibtimes on November 17 2009 4:58 AM

The Producer Price Index (PPI) is expected to be the main driver of USD trading for Tuesday. The other major releases from the U.S. that forex traders are advised to follow are the TIC Long-Term Purchases, Core PPI and Industrial Production.

  • Forex Market Trends

 
EUR/USD
GBP/USD
USD/JPY
USD/CHF
AUD/USD
EUR/GBP

Daily Trend

Weekly Trend

Resistance
1.5063
1.6920
89.98
1.0179
0.9405
0.8952

1.5031
1.6890
89.66
1.0148
0.9383
0.8930

1.5000
1.6860
89.35
1.0114
0.9361
0.8909

Support
1.4938
1.6798
88.04
1.0051
0.9319
0.8866

1.4906
1.6767
87.71
1.0019
0.9298
0.8842

1.4874
1.6735
87.35
0.9988
0.9275
0.8819

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