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Jul 16, 2025
US Dollar Index (DXY) eases below 98.00 as the dust of the US CPI settles
The US Dollar is pulling back from the three-week high of 98.25, reached on Tuesday, following the release of hot US Consumer Price Index figures.
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Jul 16, 2025
EUR/USD regains lost ground with investors cautious following hot US inflation figures
The EUR/USD pair is posting minor gains on Wednesday, correcting higher after losing more than 0.5% on Tuesday. US Consumer Prices Index (CPI) figures confirmed the inflationary trend foreseen by the Federal Reserve (Fed), curbing hopes of rate cuts in the coming months.
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