Monday, 28 July 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
US Dollar sinks after CPI came in broadly in line with expectations
Wednesday, 15 January 2025 21:37 WIB | USD/JPY |Dolar ASUSD

The US Dollar Index (DXY), which tracks the Greenback's value against six major currencies, is heading lower on Wednesday in the US Consumer Price Index (CPI) release aftermath. Numbers came in either in line or a touch softer than expected, which is perceived as disinflationary.

Although it was not a stellar surprise as on Tuesday with the Producer Price Index (PPI), where all data points came in lower or at the lowest estimate, the CPI reading is enough to bring back that initial Federal Reserve rate cut for 2025 from September to July.

For the remainder of this Wednesday all eyes will shift to the Federal Reserve speakers. They might come out with some guidance or even cautious guidance that the number of rate cuts might not match market expectations.

Source: Trading Economics

RELATED NEWS
Japanese Yen slides to one-week low against USD amid reduced safe-haven demand ...
Monday, 28 July 2025 10:06 WIB

The Japanese Yen (JPY) kicks off the new week on a softer note as the latest optimism over a trade deal between the US and the European Union (EU) undermines traditional safe-haven assets. Furthermore...

Japanese Yen Weakens for Second Day ...
Friday, 25 July 2025 10:38 WIB

The Japanese yen slipped to around 147.5 per dollar on Friday, marking its second consecutive day of losses as markets digested the implications of the new US-Japan trade agreement. The deal imposes a...

Japanese Yen Hits 2-Week High on Trade Deal Boost ...
Thursday, 24 July 2025 09:09 WIB

The Japanese yen strengthened past 146 per dollar on Thursday, reaching a two-week high as optimism surrounding the new US-Japan trade deal lifted demand. The agreement sets a 15% tariff on Japanese e...

Japanese Yen Holds Gains After US Trade Deal ...
Wednesday, 23 July 2025 09:21 WIB

The Japanese yen held its recent advance to around 146.5 per dollar on Wednesday, hovering at a near two-week high following news of a trade agreement between the US and Japan. The deal, announced by ...

Yen Strengthens as Ishiba Maintains Leadership ...
Tuesday, 22 July 2025 09:16 WIB

The Japanese yen hovered around 147.5 per dollar on Tuesday after gaining about 1% in the previous session, as investors continued to digest the weekend's election outcome. While the ruling coalition...

LATEST NEWS
Oil rises as US-EU deal boosts trade optimism

Oil prices rose on Monday after the United States clinched a trade deal with the European Union and may extend a tariff pause with China, relieving concerns that higher levies could have hurt economic activity and limited fuel demand. Brent crude...

Oil Edges Higher as EU Agrees to US Trade Deal Ahead of Deadline

Oil rose after the US and European Union agreed on a trade deal ahead of President Donald Trump's tariff deadline of Aug. 1. Brent was near $69 a barrel after closing 1.1% lower on Friday, and West Texas Intermediate traded above...

Gold Steady After US-EU Deal

Gold prices held around $3,330 per ounce on Monday, after three consecutive sessions of declines, as the newly announced US-EU trade deal dampened demand for safe-haven assets. The US and EU reached a broad agreement on Sunday that includes a 15%...

POPULAR NEWS
European Stocks Close Lower
Friday, 25 July 2025 23:48 WIB

European stocks closed mostly lower on Friday (July 25th) as markets continued to monitor the latest corporate earnings reports while awaiting the...

UK Retail Sales Rebound on Summer Boost
Friday, 25 July 2025 15:26 WIB

UK retail sales rose 0.9% month-over-month in June 2025, rebounding from a revised 2.8% drop in the previous month but missing market expectations...

S&P 500 Hits Fifth Straight Record Close
Saturday, 26 July 2025 03:07 WIB

The S&P 500 rose 0.4% on Friday (July 25), notching its fifth consecutive record close—its longest streak in more than a year—while the Nasdaq...

EU's Von der Leyen to Meet Trump in Effort to Reach Trade Deal (1)
Friday, 25 July 2025 23:56 WIB

European Commission President Ursula von der Leyen said she will travel to Scotland this weekend to meet with US President Donald Trump, as both...