Singapore Dollar Consolidates Ahead of U.S. CPI Data

Most Asian currencies weaken, dollar steadies

The yen’s USD/JPY pair steadied at 147.46 yen, while the Australian dollar’s AUD/USD pair dropped 0.2% Most Asian currencies weakened slightly on Thursday, while the dollar steadied from a whipsaw session amid growing bets on lower U.S. interest rates ahead of the country’s consumer inflation data due later in the day. The yen was muted after a mixed U.S. producer price index inflation figure, which showed prices remaining sticky but dropping sl…

Dollar Consolidates Ahead of Inflation Data - Action Forex

The US dollar is showing cautious dynamics: the USD/JPY pair is holding within a range, reflecting the market’s wait-and-see stance, while USD/CAD is gradually approaching August highs. This divergence highlights that investors are carefully allocating positions amid uncertainty over the Federal Reserve’s next steps. The main focus is on a block of US statistics — […] The post Dollar Consolidates Ahead of Inflation Data appeared first on Action …

US Dollar CPI: Pivotal Data Spurs Global Forex Market Volatility

BitcoinWorld US Dollar CPI: Pivotal Data Spurs Global Forex Market Volatility In the fast-paced world of cryptocurrencies, understanding traditional financial markets, especially the Global Forex Market, is more crucial than ever. Major economic events, like the impending US Dollar CPI release and the Eurozone ECB Decision, don’t just move fiat currencies; they ripple through the entire financial ecosystem, influencing everything from bond yield…

The Dollar Consolidates Ahead of Inflation Data

The US dollar is showing cautious dynamics: the USD/JPY pair is holding within a range, reflecting the market’s wait-and-see stance, while USD/CAD is gradually approaching August highs. This divergence highlights that investors are carefully allocating positions amid uncertainty over the Federal Reserve’s next steps.The main focus is on a block of US statistics — consumer price indices, jobless claims, and inflation expectations from the Univers…

Singapore Dollar Consolidates Ahead of U.S. CPI Data

0314 GMT — The Singapore dollar consolidates against its U.S. counterpart in the Asian session ahead of U.S. CPI data due later today. Headline CPI for August is likely to rise from July, UOB’s Global Economics & Markets Research...

Breakfast briefing: Eyes on US CPI for Fed-friendly result

US PPI up much less than expected; US mortgage applications jump; Japanese exporters bullish; China deflation worse; global growth improves but US a laggard; UST 10yr at 4.03%; gold at another ATH, oil firm; NZ$1 = 59.5 USc; TWI-5 = 66.8