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Fed's Collins
Federal Reserve (Fed) Bank of Boston President Susan Collins noted on Tuesday that the Fed still expects some kind of impact from the Trump administration's tariffs.
Canadian Dollar slumps after CPI inflation double-header prints higher in June
The Canadian Dollar (CAD) took a one-two punch on Tuesday after Consumer Price Index (CPI) inflation figures rose through the end of the second quarter on both sides of the 49th parallel. The Loonie fell back into recent lows post-CPI print, boosting the USD/CAD pair back above the 1.3700 handle.
USD/CHF climbs above 0.8000 as Fed rate-cut bets fade after steady US CPI
The Swiss Franc (CHF) weakens against the US Dollar (USD) on Tuesday, as traders flock to the Greenback in response to hotter-than-expected US inflation data.
EUR/JPY near YTD highs on tariff threats and political uncertainty in Japan
The Euro (EUR) strengthened against the Japanese Yen (JPY) on Tuesday as investors rotated out of the Yen amid a mix of geopolitical and domestic policy concerns.
WTI Crude slips as traders await US inventory data and digest OPEC+ supply increase
West Texas Intermediate (WTI) Crude Oil remains under pressure on Tuesday as a growing global supply outlook weighs on sentiment.
AUD/USD extends decline amid stronger US CPI data, Trump renews rate cut call
The Australian Dollar (AUD) weakened further against the US Dollar (USD) on Tuesday, following stronger-than-expected US inflation data that dampened hopes for a near-term interest rate cut. The Greenback surged across the board, pushing AUD/USD to 0.6510 during the American trading session.
USD/JPY surges closer to 149.00 as US inflation climbs, Fed rate cut bets trimmed
The USD/JPY rallies sharply over 0.86% during the North American session, trading at 148.95, approaching the 149.00 figure for the first time since April 2025. A slightly hot CPI report in the United States (US) sent US Treasury yields soaring, while traders priced out a short-term rate cut.
EUR/USD sheds weight after hot CPI print shreds rate cut bets
EUR/USD backslid on Tuesday, falling over eight-tenths of one percent and tumbling into its lowest bids in nearly three weeks.
GBP/USD loses further ground after hot US CPI inflation print rocks rate cut bets
GBP/USD shed another two-thirds of one percent top-to-bottom on Tuesday, extending into an eighth consecutive day of Cable losses.
Dow Jones Industrial Average declines after hot CPI inflation reading
The Dow Jones Industrial Average (DJIA) fumbled on Tuesday, losing enough ground to knock the megacap index back below the previous week's close, but still holding onto near-term consolidation levels.
GBP/USD falls below 1.3400 as US inflation reignites Dollar rally
The GBP/USD extended its losses to four consecutive days after the latest inflation report in the United States (US) showed signs of rising, the first indication that tariffs triggered a jump in prices. At the time of writing, the pair trades below 1.3400, down by 0.23%.
EUR/CHF Price Forecast: Bearish structure holds as pair hovers near 0.9300
The Euro (EUR) is trading in a narrow range against the Swiss Franc (CHF) on Tuesday, with price action consolidating near the 0.9300 mark.
China: Solid Q2 GDP masks weaknesses in June - Standard Chartered
GDP growth remained solid at 5.2% y/y in Q2, while monthly data indicates signs of softening. Investment growth slowed sharply in June partly due to a deeper decline in housing investment. Deflationary pressure escalated, partly reflecting overcapacity in some sectors.
EUR/JPY climbs toward 173.00 amid persistent Yen weakness
The Euro extends its advance for the third consecutive session against the Japanese Yen on Tuesday, with EUR/JPY climbing toward the 173.00 level during the American session -- a level last seen on 12 July 2024.
Silver pulls back below $38.50 as bullish momentum fades on firm US Dollar, CPI data
The price of Silver is attempting to recover from Monday's slump as traders digest fresh economic data from China, the Eurozone, and the United States.
Canadian Dollar strengthens as traders digest inflation data from Canada and US
The Canadian Dollar (CAD) strengthens against the US Dollar (USD) on Tuesday, as traders digest fresh inflation data from both Canada and the United States.
US Dollar on cautious footing ahead of CPI data
The US Dollar (USD) is trading on a slightly softer footing on Tuesday as investors brace for the closely watched US Consumer Price Index (CPI) release. With market participants repositioning ahead of key inflation data, the Greenback is struggling to hold onto its previous day's gains.
Gold steadies near $3,350 as markets eye US CPI and tariff-related inflation risks
Gold (XAU/USD) is holding firm, trading slightly higher in the European session on Tuesday, with buyers stepping in ahead of key US inflation data as tariff concerns resurface.
EUR/GBP fails to rally beyond 0.8700 despite upbeat Eurozone data
The Euro is trading lower against the Pound on Tuesday. The strong German economic sentiment and upbeat Eurozone Industrial Production figures have failed to push the pair above the 0.8700 level.
USD/JPY extends winning streak, US CPI data under spotlight
The USD/JPY pair extends its two-day winning streak on Tuesday, revisits the two-month high around 148.00 during the European session. The pair trades firmly amid trade frictions between the United States (US) and Japan.
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