Mexican Peso dwindles as US CPI reaccelerates
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
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
NASDAQ erases the declines. Trades into positive territory
NASDAQ erases the declines. Trades into positive territory
S&P index and Dow industrial average are still lower on the day
Stocks
EU Trade chief talks to Trump on finding a tariff solution
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
Hassett: Reciprocal tariffs are a work in progress
Hassett: Reciprocal tariffs are a work in progress
Trump promised to unveil them yesterday or today
Politics
OPEC leaves 2025 and 2026 global oil demand forecasts unchanged
OPEC leaves 2025 and 2026 global oil demand forecasts unchanged
OPEC continues to see solid demand growth this year
US CPI data due imminently. The ranges of estimates (& why they're crucial to know)
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
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
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
A point to note about the US CPI report later
A point to note about the US CPI report later
A seasonal effect might push up the numbers in January
What is the distribution of forecasts for the US CPI?
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
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
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?
What are the main events for today?
All eyes on the US CPI report
market overview
Eurostoxx futures +0.2% in early European trading
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?
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 +
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