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The dollar index fell as inflation cooled and Fed rate cut expectations heated u
XM Forex APP News - During the European session on Thursday (June 12), the US dollar index (DXY) continued its second-day decline, hovering around 98. The previously released inflation data was lower than expected, further strengthening market speculation that...
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USD/Canada remains stable near 2025 lows
XM Forex APP News - During the European session on Wednesday (June 11), the US dollar/Canada dollar was 1.3684/85, a slight increase of 0.11%. The US dollar/Canadian dollar is currently greatly affected by fundamentals (US inflation data, progress in the US-Ca...
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The dollar consolidates sideways, and the focus turns to PPI inflation data
Risk sentiment remained sluggish in early Thursday as investors considered the latest trade headlines while staying nervous ahead of the U.S. Bureau of Labor Statistics (BLS) May Producer Price Index (CPI) data and another U.S. 10-year Treasury auction. Sellin...
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CPI weakening hits US dollar index, and bears break key gap
Asian market review Wednesday, the US dollar index plunged in the session as a comprehensive lower-than-expected CPI data boosted market interest rate cut expectations, and so far, the US dollar priced at 98.28. Overview of the fundamentals of the foreign exch...
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The situation of the US-Iran nuclear negotiations has taken a sharp turn for the
On Thursday, June 12, the dollar index fell in the Asian session as data showed inflation in the world‘s largest economy was lower than expected last month, suggesting that the Fed could recover interest rate cuts ahead of schedule rather than delay. In terms ...
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CPI in May fell below expectations across the board, Trump once again called for
On June 12, in the early trading of Asian market on Thursday, Beijing time, the US dollar index hovered around 98.47. On Wednesday, the US dollar index plunged in the session and finally closed down 0.41% at 98.638 as a comprehensive lower than expected CPI da...
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A collection of positive and negative news that affects the foreign exchange mar
In the foreign exchange market, various news is like the guidance of a weather vane, always controlling the trend of currency and investors‘ decisions. On June 12, 2025, the following positive and negative news are worthy of investors‘ attention. 1. Economic d...
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How many years does the comprehensive Sino-US agreement take to be completed! US
Trading activity in financial markets remained volatile early Wednesday as investors continued to look for the next catalyst. In the second half of the day, the U.S. Bureau of Labor Statistics will release the Consumer Price Index (CPI) data for May, and the U...
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