Dollar Index +0.2% After 1.4% PPI Rise

US dollar index rose 0.2% to 98.49 following April PPI increase of 1.4% month‑over‑month, the biggest since March 2022.
Year‑over‑year PPI jumped 6%, surpassing forecasts of 4.9%, keeping expectations of Fed rate hikes later in 2026 alive.
Fed chair Jerome Powell’s term ends Friday; Senate confirmed Kevin Warsh as his successor, adding uncertainty to monetary policy outlook.
Euro slipped 0.2% to $1.1713 as Eurozone Q1 GDP growth slowed to 0.1% q/q and 0.8% y/y.