US dollar wobbles on PPI, stock markets stay higher

The US dollar initially fell on the headlines but recouped most of the drop in short order. USD/JPY fell from 147.50 down to 147.05 but quickly recovered nearly the entire move.

It wasn’t the same case in stock markets as a 20 point gain in S&P 500 futures turned to 32 points.

This article was written by Adam Button at investinglive.com.