BREAKING: USD strengthens on downbeat US CPI inflation data

The US CPI inflation data for August came in above market expectations as the headline inflation dropped to % 8.3 YoY in August vs expected 8.1% YoY and compared to 8.5% in July. The Core CPI figure came in above the consensus estimate as well as it amounted to 6.3% YoY vs exp. 6.1% YoY and compared with 5.9% YoY in the previous month.

Today's reading confirms that the price pressure remains elevated, which increases the chances of an interest rate hike by 75 bp at the next FED meeting.

EURUSD pair fell sharply and is currently testing a short-term support zone in the 1.0065 area. Source: xStation

23 June 2026, 9:05 AM

BREAKING: EURUSD extends decline after Eurozone PMI data ⚡

23 June 2026, 6:31 AM

Economic Calendar - Preliminary PMI indicators and FedEx results in the shadow of market declines

22 June 2026, 7:34 AM

Economic Calendar: Canada's CPI print takes center stage 💡

22 June 2026, 6:33 AM

Morning Wrap: Fragile, but still. Investors are confident that U.S.-Iran talks are making progress⏰

Economic reports

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