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![Mexican Peso dwindles as US CPI reaccelerates](https://editorial.fxsstatic.com/images/i/mexico-bullish-1_Small.png)
![Mexican Peso dwindles as US CPI reaccelerates](https://editorial.fxsstatic.com/images/i/mexico-bullish-1_Small.png)
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Fxstreet
Mexican Peso dwindles as US CPI reaccelerates
The Mexican Peso (MXN) extended its gains against the US Dollar (USD) for the second consecutive day, unfazed by the jump in inflation in the United States (US), preventing the Federal Reserve (Fed) from easing policy.
USDMXN
Banxico
Fundamental Analysis
Technical Analysis
SEO
![EUR/USD reverses early declines, climbs back over 1.04](https://editorial.fxsstatic.com/images/i/EURUSD-neutral-object_Small.png)
![EUR/USD reverses early declines, climbs back over 1.04](https://editorial.fxsstatic.com/images/i/EURUSD-neutral-object_Small.png)
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Fxstreet
EUR/USD reverses early declines, climbs back over 1.04
EUR/USD clawed back chart paper on Wednesday, rebounding from early losses to reclaim the 1.0400 handle as markets shake off a fresh batch of US inflation figures that broadly accelerated in January.
EURUSD
Fed
CPI
Currencies
![Ukraine's Zelenskiy's confirms call with Pres. Trump](/Content/dist/images/PageElements/news-MarketNews.png)
![House Speaker Johnson: Thinks WH is considering exemptions to reciprocal tariffs](/Content/dist/images/PageElements/news-MarketNews.png)
![House Speaker Johnson: Thinks WH is considering exemptions to reciprocal tariffs](/Content/dist/images/PageElements/news-MarketNews.png)
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Forex Live
House Speaker Johnson: Thinks WH is considering exemptions to reciprocal tariffs
Including autos and pharmaceuticals
USD
![NASDAQ erases the declines. Trades into positive territory](/Content/dist/images/PageElements/news-MarketNews.png)
![NASDAQ erases the declines. Trades into positive territory](/Content/dist/images/PageElements/news-MarketNews.png)
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Forex Live
NASDAQ erases the declines. Trades into positive territory
S&P index and Dow industrial average are still lower on the day
Stocks
![Euro rallies on hopes for peace in Ukraine after Trump-Putin call](/Content/dist/images/PageElements/news-MarketNews.png)
![Euro rallies on hopes for peace in Ukraine after Trump-Putin call](/Content/dist/images/PageElements/news-MarketNews.png)
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Forex Live
Euro rallies on hopes for peace in Ukraine after Trump-Putin call
Risk appetite improves
ukraine
EUR
![Trump: I will visit Putin in Russia. Will start negotiations on ending war in Ukraine](/Content/dist/images/PageElements/news-MarketNews.png)
![Trump: I will visit Putin in Russia. Will start negotiations on ending war in Ukraine](/Content/dist/images/PageElements/news-MarketNews.png)
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Forex Live
Trump: I will visit Putin in Russia. Will start negotiations on ending war in Ukraine
Not clear what was on the agenda
Politics
![European equity close: A solid day despite the CPI blip](/Content/dist/images/PageElements/news-MarketNews.png)
![European equity close: A solid day despite the CPI blip](/Content/dist/images/PageElements/news-MarketNews.png)
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Forex Live
European equity close: A solid day despite the CPI blip
No worries about inflation in Europe
Stocks
![EU Trade chief talks to Trump on finding a tariff solution](/Content/dist/images/PageElements/news-MarketNews.png)
![EU Trade chief talks to Trump on finding a tariff solution](/Content/dist/images/PageElements/news-MarketNews.png)
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Forex Live
EU Trade chief talks to Trump on finding a tariff solution
This seems to be driving a modest drop in the US dollar
EUR
USD
![Crude oil inventory for the current week build 4.070M vs estimate 3.028M](/Content/dist/images/PageElements/news-MarketNews.png)
![Crude oil inventory for the current week build 4.070M vs estimate 3.028M](/Content/dist/images/PageElements/news-MarketNews.png)
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Forex Live
Crude oil inventory for the current week build 4.070M vs estimate 3.028M
Weekly oil inventory data
Oil
![Hassett: Reciprocal tariffs are a work in progress](/Content/dist/images/PageElements/news-MarketNews.png)
![Hassett: Reciprocal tariffs are a work in progress](/Content/dist/images/PageElements/news-MarketNews.png)
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Forex Live
Hassett: Reciprocal tariffs are a work in progress
Trump promised to unveil them yesterday or today
Politics
![US House budget projects $1.9 trillion deficit for fiscal year 2025, or 6.2% of GDP](/Content/dist/images/PageElements/news-MarketNews.png)
![US House budget projects $1.9 trillion deficit for fiscal year 2025, or 6.2% of GDP](/Content/dist/images/PageElements/news-MarketNews.png)
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Forex Live
US House budget projects $1.9 trillion deficit for fiscal year 2025, or 6.2% of GDP
Budget resolution just out
Politics
![Euro rebounds as the CPI move runs out of gas](/Content/dist/images/PageElements/news-MarketNews.png)
![Euro rebounds as the CPI move runs out of gas](/Content/dist/images/PageElements/news-MarketNews.png)
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Forex Live
Euro rebounds as the CPI move runs out of gas
Euro climbs 30 pips from the lows
EUR
![The Fed has a bit less ammunition: What's next for markets](/Content/dist/images/PageElements/news-MarketNews.png)
![The Fed has a bit less ammunition: What's next for markets](/Content/dist/images/PageElements/news-MarketNews.png)
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Forex Live
The Fed has a bit less ammunition: What's next for markets
Does this dollar move last or does it stall
![US January core CPI +3.3% vs +3.1% expected](/Content/dist/images/PageElements/news-MarketNews.png)
![US January core CPI +3.3% vs +3.1% expected](/Content/dist/images/PageElements/news-MarketNews.png)
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Forex Live
US January core CPI +3.3% vs +3.1% expected
US CPI for January
USD
![OPEC leaves 2025 and 2026 global oil demand forecasts unchanged](/Content/dist/images/PageElements/news-MarketNews.png)
![OPEC leaves 2025 and 2026 global oil demand forecasts unchanged](/Content/dist/images/PageElements/news-MarketNews.png)
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Forex Live
OPEC leaves 2025 and 2026 global oil demand forecasts unchanged
OPEC continues to see solid demand growth this year
Oil
![US CPI data due imminently. The ranges of estimates (& why they're crucial to know)](/Content/dist/images/PageElements/news-MarketNews.png)
![US CPI data due imminently. The ranges of estimates (& why they're crucial to know)](/Content/dist/images/PageElements/news-MarketNews.png)
News Discussion Forum
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Forex Live
US CPI data due imminently. The ranges of estimates (& why they're crucial to know)
Unexpected US data results can significantly affect markets
Bonds
SPX
Nasdaq
USD
![ForexLive European FX news wrap: Markets pensive awaiting US CPI, more Trump headlines](/Content/dist/images/PageElements/news-MarketNews.png)
![ForexLive European FX news wrap: Markets pensive awaiting US CPI, more Trump headlines](/Content/dist/images/PageElements/news-MarketNews.png)
News Discussion Forum
By
Forex Live
ForexLive European FX news wrap: Markets pensive awaiting US CPI, more Trump headlines
Forex news from the European morning session on Feb 12, 2025
Session wrap
Wrap Europe
![US MBA mortgage applications w.e. 7 February +2.3% vs +2.2% prior](/Content/dist/images/PageElements/news-MarketNews.png)
![US MBA mortgage applications w.e. 7 February +2.3% vs +2.2% prior](/Content/dist/images/PageElements/news-MarketNews.png)
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Forex Live
US MBA mortgage applications w.e. 7 February +2.3% vs +2.2% prior
Latest data from the Mortgage Bankers Association for the week ending 7 February 2025
USD
![A point to note about the US CPI report later](/Content/dist/images/PageElements/news-MarketNews.png)
![A point to note about the US CPI report later](/Content/dist/images/PageElements/news-MarketNews.png)
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Forex Live
A point to note about the US CPI report later
A seasonal effect might push up the numbers in January
USD
![What is the distribution of forecasts for the US CPI?](/Content/dist/images/PageElements/news-MarketNews.png)
![What is the distribution of forecasts for the US CPI?](/Content/dist/images/PageElements/news-MarketNews.png)
News Discussion Forum
By
Forex Live
What is the distribution of forecasts for the US CPI?
Knowing the range of expectations is important, but the distribution of forecasts is another key input in the market's reaction
market overview
![European indices hold a slight advance at the open today](/Content/dist/images/PageElements/news-MarketNews.png)
![European indices hold a slight advance at the open today](/Content/dist/images/PageElements/news-MarketNews.png)
News Discussion Forum
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Forex Live
European indices hold a slight advance at the open today
Major indices in Europe are aiming for six straight weeks of gains to start the new year
Stocks
![US Roadmap for AI](/Content/dist/images/PageElements/news-MarketNews.png)
![US Roadmap for AI](/Content/dist/images/PageElements/news-MarketNews.png)
News Discussion Forum
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Forex Live
US Roadmap for AI
“The USA is doing a marathon at the speed of a 100-meter dash when it comes to AI.”
General
![What are the main events for today?](/Content/dist/images/PageElements/news-MarketNews.png)
![What are the main events for today?](/Content/dist/images/PageElements/news-MarketNews.png)
News Discussion Forum
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Forex Live
What are the main events for today?
All eyes on the US CPI report
market overview
![Eurostoxx futures +0.2% in early European trading](/Content/dist/images/PageElements/news-MarketNews.png)
![Eurostoxx futures +0.2% in early European trading](/Content/dist/images/PageElements/news-MarketNews.png)
News Discussion Forum
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Forex Live
Eurostoxx futures +0.2% in early European trading
A calmer mood as we await the main events later in the day
Stocks
![US inflation data in focus but will Trump tariffs steal the thunder?](/Content/dist/images/PageElements/news-MarketNews.png)
![US inflation data in focus but will Trump tariffs steal the thunder?](/Content/dist/images/PageElements/news-MarketNews.png)
News Discussion Forum
By
Forex Live
US inflation data in focus but will Trump tariffs steal the thunder?
Trump said "we'll see" on whether reciprocal tariffs are coming later today
market overview
![ForexLive Asia-Pacific FX news wrap: USD/JPY up a big figure +](/Content/dist/images/PageElements/news-MarketNews.png)
![ForexLive Asia-Pacific FX news wrap: USD/JPY up a big figure +](/Content/dist/images/PageElements/news-MarketNews.png)
News Discussion Forum
By
Forex Live
ForexLive Asia-Pacific FX news wrap: USD/JPY up a big figure +
Forex news for Asian trading on Wednesday, February 12, 2025
Session wrap
Wrap Asia