A jump in core US September producer prices and the Dollar lifts to 1.2700 from 1.2685. The data has had a sudden impact on the market but the Dollar is already slipping back to the low 1.2690's.
A push and pull play after the data with the headline prices falling by a greater than expected 1.3% but a surprise increase ion the core element. The market appears reluctant to put all bets on the PPI data and is now waiting for the TIC numbers at 13:00 GMT.
USD/CHF continues to trade towards the middle of a 1.2675-1.2715 range and below a trend resistance line currently at 1.2705.
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