AUD/USD Price Outlook: Remains around 0.7200 as USD maintains strength before US CPI
The AUD/USD pair has had a tough time maintaining levels above 0.7250, with fresh selling occurring on Tuesday. This trend is largely driven by the strengthening of the U.S. dollar amid escalating tensions between the U.S. and Iran. As a result, intraday prices have dipped back toward the 0.7200 level during early trading in Europe, […]
New Zealand dollar declines as US-Iran tensions boost USD before US CPI report
NZD/USD Struggles Amid Dollar Strength and Global Uncertainty The NZD/USD pair has had a tough time capitalizing on gains from the previous day, facing new selling pressure during Tuesday’s Asian trading session as the US dollar gained some ground. Current spot prices hover below the mid-0.5900 yen range, although the potential for further decline seems […]
Forex Today: US Dollar stabilizes before important US CPI data while markets watch Iran tensions
Here’s what you need to know on Tuesday, May 12th. The US dollar index (DXY) is stable around 97.95, as investors exercise caution due to ongoing geopolitical tensions in the Middle East and despite some improvements in market sentiment. This reaction came after President Trump dismissed Iran’s latest peace initiative as “totally unacceptable.” Now, traders […]
Silver Outlook: Silver Surge at Risk from CPI Concerns as Inflation Increases
Weekly Silver Outlook Spot Silver (XAG/USD) has been experiencing a mix of highs and lows, leading to a downward trend on the weekly chart. However, it recently traded at $96.43, suggesting a potential return to an upward movement. A breakout above $61.01 could reignite the downtrend. The first significant range to note is between $121.67 […]
Looking ahead to the coming week: US Dollar declines before important US CPI figures and Federal Reserve speeches
The US dollar index (DXY) dropped to roughly 97.90 on Friday. This decline followed reports of a fragile ceasefire between the US and Iran amid military happenings in the Middle East, which reduced the demand for safe-haven assets. Market sentiment saw an uptick after U.S. President Donald Trump indicated that talks were ongoing, with both […]
What is the schedule for Australia’s monthly CPI and its potential impact on AUD/USD?
Australia Monthly CPI Overview The Australian Bureau of Statistics (ABS) is set to publish March data at 01:30 GMT on Wednesday. A rise of 4.7% in the Consumer Price Index (CPI) year-on-year is anticipated for March, up from 3.7% in February. The CPI reflects changes in prices of a wide range of goods and services […]
March 2026 CPI: Inflation increased as the Iran conflict impacted consumer prices
This article on the March 2026 CPI Inflation Report is being developed and will receive updates soon. Consumer prices have surged this March, driven by the economic impact of the ongoing conflict in Iran affecting energy markets. The Bureau of Labor Statistics shared Friday that the Consumer Price Index (CPI) — which reflects the cost […]
February 2026 CPI: Inflation stayed consistent while still exceeding the Fed’s goal
Inflation remained elevated in February as consumer prices continued to surpass the Federal Reserve’s target interest rate, which sparked concerns about affordability among policymakers. On Wednesday, the U.S. Bureau of Labor Statistics reported that the Consumer Price Index (CPI), which tracks the prices of everyday items like gasoline, groceries, and rent, increased by 0.3% month-over-month […]
EUR/USD remains stable as ECB monitors inflation goals, with attention on German CPI
As of Thursday, the EUR/USD exchange rate hovered around 1.1800, showing little change throughout the day. A minor dip followed comments from the European Central Bank (ECB) President Christine Lagarde. During her address to the European Parliament’s Economic and Monetary Committee, Lagarde stated that the ECB’s actions to combat inflation were showing results, suggesting that […]
Australian Dollar rises to two-week highs following strong CPI data
Here’s what you need to know on Thursday, February 26th. The Australian dollar (AUD) jumped to nearly a two-week high after a surprising inflation report for January, which has sparked hopes for additional interest rate increases by the Reserve Bank of Australia (RBA). In the midst of some uncertainty surrounding US trade policy, the US […]