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EUR/USD stays pressured toward 1.1650 ahead of key US CPI data
EUR/USD stays in the red near 1.1650 in the European session on Tuesday, reversing the previous rebound. The pair is weighed down by the US Dollar's recovery, but further downside appears capped as traders turn cautious ahead of the US CPI inflation data, due later in the day at 13:30 GMT.
GBP/USD hovers above 1.3450 as traders await US CPI report
GBP/USD keeps its range above 1.3450 in European trading on Tuesday, struggling to build on the previous day's recovery from the 1.3390 region. Traders now await the US CPI data release for fresh direction on the US Dollar, which will significantly impact the pair's performance ahead.
Gold trades with modest losses amid firmer USD; focus remains on US CPI report
Gold sticks to intraday losses through the early part of the European session, though the downside remains cushioned amid a supportive fundamental backdrop. The US Dollar gains some positive traction following the previous day's decline and turns out to be a key factor acting as a headwind for the commodity.
DOGE, SHIB, and PEPE bulls struggle to regain strength
Meme coins, including Dogecoin, Shiba Inu, and Pepe, remain under extreme selling pressure, recording roughly seven days of downtrend following the January 4 spike.
The week ahead: Earnings season meets Donald Trump in a big week for markets
Federal investigation of Powell and the Fed knocks risk sentiment. Concerns grow about Fed independence as gold hits a record. Are markets expecting Trump to scale back his rhetoric?
US CPI Live Coverage:
How will US Dollar react to December inflation data?
The US CPI report is expected to show that prices remained broadly stable in the last month of 2025. Our experts will analyze the market reaction to the event at 13:00 GMT. Join us here!