NEWS: Forexlive America’s FX news wrap: CPI shows its ugly head May 12, 2021 at 09:56PM

NEWS: Forexlive America’s FX news wrap: CPI shows its ugly head May 12, 2021 at 09:56PM

US yields are higherForex news for NY trading on May 12, 2021
Recall last month the producer price index rose by greater than expected 1%. The ex-food and energy rose by 0.7%. Today the CPI data for April, seem to mimic those gains with prices moving to the consumer from the producer. The month-to-month change in headline CPI rose

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