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US data  continues continues coming just a bit above expectations: PPI rose 0.5% m/m, +0.1% above expectations. Core PPI rose 0.1% as predicted. Year over year PPI is down 1.1% and core +0.6%.

The US dollar is marginally stronger, but there is a bigger event coming up.

Producer prices were expected to rise 0.4% in May after falling by 0.4% in April (before revisions). Core PPI carried  expectations for a rise of 0.1% after a slide of 0.2% beforehand. The PPI data precedes the CPI data next week.

The US dollar was strengthening against the euro but stable against other currencies towards the release.

There is a more important publication awaiting us to seal the weak: UoM consumer sentiment.

See how to trade the consumer confidence with EUR/USD.

In our latest podcast, we  bring you up to speed with the Fed decision and the USD impact, and also  tackle the Greek crisis from two different angles.

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