Forex Today: US Dollar remains steady as markets anticipate FOMC Minutes, UK CPI, and US PCE
Here’s what you need to know on Tuesday, February 17th. On Monday, most major currency pairs showed little change, as US stock and bond markets were shut for President’s Day. In the coming days, the economic landscape might get a bit more intense, with crucial reports on jobs and inflation in the UK, along with […]
Bitcoin On-Chain Data Shows Increased Volatility Expected After CPI Reaction
Bitcoin’s Recent Turbulent Week Bitcoin faced yet another challenging week, continuing the downward trend that’s been prevalent in the market for several months. Although there was a slight stabilization late Friday, major cryptocurrencies remain constrained around the $69,000 mark. Analysts are still turning to on-chain data to gauge investor behavior and predict Bitcoin’s path in […]
Americans experience lower gas prices as costs decrease yearly in January 2026 CPI report
The panel on The Big Money Show is discussing recent inflation data, which turned out weaker than many anticipated, alongside dropping energy prices. There’s also a growing sentiment that the Federal Reserve might lower interest rates multiple times by 2026. Americans might be experiencing some relief. Latest inflation reports from the Department of Labor indicate […]
CPI report, AI market decline, EPA changes and more in Morning Squawk
Morning Update Happy Friday! Remember that Ring Super Bowl ad featuring a lost dog? Well, it seems it didn’t exactly make a significant impact. Amazon, which owns the doorbell company, was hoping for better results. This morning, stock futures dipped, pulling down the averages for all three major indices into the negative. Here are five […]
Pound holds steady at 1.3600 against the dollar as traders look to US CPI data
GBP/USD Outlook Amid Economic Uncertainty The GBP/USD pair has been somewhat tentative during Friday’s Asian session, hovering just above the 1.3600 level. Traders seem to be holding back, waiting for the US consumer inflation data before making any strong moves. The upcoming US Consumer Price Index (CPI) report will significantly impact expectations regarding the Federal […]
Australian Dollar maintains strength as China’s CPI increases in January
AUD/USD Update The AUD/USD pair has bounced back from recent declines, currently hovering around 0.7090 during the Asian session on Wednesday. This recovery comes after China’s Consumer Price Index (CPI) data revealed a continued strength, showing a 0.2% year-on-year increase for January, following a 0.8% rise in December. Notably, market expectations had placed the CPI […]
Looking ahead to next week: US Dollar remains strong as shutdown concludes, NFP and CPI are on the horizon
The U.S. dollar (USD) remained relatively stable this week as market participants reacted to President Trump’s appointment of former Federal Reserve Board member Kevin Warsh as the next Fed chairman. The partial U.S. government shutdown, which delayed some employment and inflation reports, was resolved on Wednesday with the president’s approval of a funding bill. The […]
EUR/USD holds steady over 1.1800 before Eurozone CPI and US data
The EUR/USD pair has had a tough time taking advantage of a slight recovery from the prior day’s low of around 1.1780-1.1775, still holding within a tight range during Wednesday’s Asian trading. Currently, it’s hovering near the 1.1815 mark, showing little change today, as traders eagerly anticipate the upcoming Eurozone Consumer Inflation Report. Preliminary estimates […]
USD/JPY pulls back as the US Dollar weakens, with attention on the BoJ’s decision and Japan’s CPI
On Thursday, the Japanese yen (JPY) made some gains against the US dollar (USD), resulting in a slight decrease in the USD/JPY pair, which was hovering around 158.30—down from a one-week high at the start of the European session. However, there hasn’t been much selling pressure as traders are holding off on aggressive moves with […]
December’s CPI Report Seals the Fate of Tariff Inflation
Goodbye Tariffs – Fear of Inflation The December Consumer Price Index (CPI) released by the U.S. Bureau of Labor Statistics indicates that the anticipated surge in prices due to tariffs has largely not occurred and is, in fact, behind us. Everyday essentials excluding food and energy were unaffected by tariffs on imported industrial goods, showing […]