Colombia Retail Sales (YoY) came in at 7.5% below forecasts (7.7%) in February

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 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 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.

The US Bureau of Labor Statistics will publish December’s Consumer Price Index report on Tuesday at 13:30 GMT. The report is expected to show that prices remained broadly stable in the last month of 2025. It’s a key read on inflation and could stir some short-term moves in the US Dollar.

News broke on Sunday night that the Federal Reserve received grand jury subpoenas from the Department of Justice on Friday, escalating the Trump administration's pressure on the nation's central bank. 

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 meme coins risk a bearish shift in momentum as buying pressure subsides, potentially leading to further declines.