Trader reveals why 0.1% drop just made USD/CAD his favorite play
Key Points
- The Producer Price Index fell by 0.1%, prompting traders to ...
The Producer Price Index dropped by 0.1% yesterday, and suddenly everyone's acting like they discovered gravity. While most people see falling wholesale prices and think "recession," smart money sees Federal Reserve rate cuts and dollar strength. It's like watching someone complain about getting a discount at their favorite store.
When Bad News Is Actually Good News
Here's where it gets interesting: that PPI contraction has traders betting on a 25 basis point Fed rate cut faster than you can say "monetary policy." The logic? Lower wholesale inflation gives the Fed room to ease without lo...
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