USD Overview (16 February 2022)

Yesterday, USD weakened against most major currencies except JPY and CHF.

The PPI m/m data released yesterday indicated a strong rise in the prices of goods and services sold by producers in January.

• PPI m/m (Actual: 1.0%, Forecast: 0.5%, Previous: 0.2%)
  
• Core PPI m/m (Actual: 0.8%, Forecast: 0.4%, Previous: 0.5%)
  

The retail sales m/m data will be released later at 2130 (GMT+8).

• Core Retail Sales m/m (Forecast: 1.0%, Previous: -2.3%)
  
• Retail Sales m/m (Forecast: 2.1%, Previous: -1.9%)
  

The FOMC will be releasing the minutes for the recent monetary policy meeting tomorrow at 0300 (GMT+8).