The dollar took a breather

The central event in world markets is still the news of the US withdrawal from the nuclear deal with Iran. This news has pushed up the prices of crude oil, which are already getting support on the wave of the still-ongoing OPEC pact and the decline in oil and petroleum products in the States.
The foreign exchange market was characterized by low activity yesterday. The dollar first accumulated gains in the European session, but then lost almost all of its growth against the background of weaker than expected data on industrial inflation in the US.
According to the data provided, the producer price index (PPI) in annual terms grew less than expected. It was assumed that the indicator will add 2.8%, but it grew by only 2.6% against the growth for the previous period under review by 3.0%. On a monthly basis, the index added 0.1% against the forecast of an increase of 0.2% and growth in March by 0.3%. The base value of the producer price index (PPI) also declined year-on-year, adding only 2.3% against expectations of 2.4% and the previous value of 2.7%.
The US dollar on the wave of these figures stopped pressure on major currencies and rolled back from the local peaks.