Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Markets & Finance

Dollar Is Strong

MARKETSCOPE : The dollar was strong early Tuesday after September Producer Price Index news.

News hit of a higher-than-expected 1.9% rise in the September PPI. Excluding food and energy, the index rose 0.3%, slightly ahead of consensus estimates.

Investors braced themselves for more interest rate hikes from the Federal Reserve for some time to come, as Chairman Alan Greenspan grapples with inflation.

The US dollar index had rallied to better than three-month highs in overnight dealings, peaking at 90.49, and just shy of 2005 the highs of 90.78 seen on July 8, according to Action Economics.

blog comments powered by Disqus