Read more
12:36 PM · 10 August 2022

BREAKING: USD weakens after CPI inflation report

-
-
Open account Download free app

The widely watched US CPI inflation for July has just been released and showed that price growth eased slightly, however inflationary pressures on the economy remain elevated, therefore  interest rate hike by 75 bp at the next FED meeting is still possible.

The data came in below expectations as the headline inflation dropped to 8.5% YoY in July vs expected 8.7% YoY and compared to 9.1% in June.  The Core CPI figure remained unchanged at 5.9% YoY while markets expected increase to 6.1% YoY.

EURUSD is trading hiher today and today’s data provided more fuel for bulls. The main currency pair tested a short-term resistance zone in the 1.0325 area. Source: xStation5

 

 

13 February 2026, 7:25 AM

Economic calendar: US CPI in the spotlight (13.02.2026)

12 February 2026, 7:03 PM

Daily summary: Silver plunges 9% 🚨Indices, crypto and precious metals under pressure

12 February 2026, 1:31 PM

BREAKING: US jobless claims slightly higher than expected

12 February 2026, 8:33 AM

Economic calendar: US Jobless Claims and ECB Speeches to Offer Markets Breathing Room (12.02.2026)

Join over 2 000 000 XTB Group Clients from around the world
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits