Fed Rate Cut Bets in Focus as Markets Await US Inflation Data. Will GBP/USD and EUR/USD Gain Momentum? Key Levels Ahead.

US inflation data for February 2025 will be released today at 6 PM IST, with markets bracing for volatility. A ...

When the US Dollar Index gets impacted it extends the effect onto the other related currency pairs. Theoretically, the CPI and USD Index relationship is straightforward. If the CPI goes up ...

EUR/USD keeps losses near 1.0900 in the European morning on Wednesday, snapping the three-day winning streak. EU responds with countermeasures to US tariffs on steel, exerting downward pressure on the ...

The rupee closed at 87.01 per US dollar, gaining 20 paise amid easing inflation. CPI inflation fell to 3.61% in February, ...

Renewed USD demand weighs on the major pair. Traders will take more cues from the US February CPI inflation report, which is due later on Wednesday. The EUR/USD pair attracts some sellers to near ...

In the North American session, EUR/USD is trading at 1.0484 ... It was the same story for core CPI, which slowed to 2.6% y/y, down from 2.7% in January but above the market estimate of 2.5%.