Forex fundamental analysis

Bullish or bearish

but whts the diff btw cope cpi and cpi m/m

Also what does ppi mean? and how does it work?

It gives a bullish overview for the dollar, although not really bullish, you don't really need to look at the forecast its the actual and the previous that wil give the direction, the actual greater than the forecast is just a suprise but like the CPI the actual 1.1% was greater than 0.7% forecast its a suprise to the market but the previous was 1.1% so there's no change, but the core PPI the forecast was 0.5% which the actual came out 0.4% if you look at the previous it's 0.7% so there's a difference between 0.7% and 0.4% which is 0.3% change since the last release so it suprise the market negatively which caused the buy on EURUSD but then the sell continued because the direction of the data is still pointing to a stable dollar, so the data release still gives a bullish sentiment for dollar

Core cpi is used to measure inflation excluding gas and food cost from the calculation, identify long term inflation

while CPI (headline CPI) is used to calculate the average price change of everyday item, including gasoline food etc

PPI is also known as producer price index it measures the average changes in prices received by domestic producers for their output. Compiled by agencies like the U.S. Bureau of Labor Statistics, it acts as a key indicator of wholesale inflation. 

How it works is that It surveys thousands of producers across sectors like agriculture, mining, and manufacturing, tracking wholesale prices for raw materials and intermediate and finished goods.

Why it really matters It acts as an early warning for retail inflation. If producers pay more for wholesale goods, those costs are typically passed down to the consumer.