The US dollar edged slightly lower but traded in a range-bound manner as investors patiently awaited the US CPI data.

By: theblockbeats.news|2025/08/11 15:42:03
0
Share
copy

BlockBeats News, August 11th, the US dollar edged lower but remained within a narrow trading range as investors awaited the release of the US Consumer Price Index inflation data on Tuesday. Last week, the US dollar fell due to recent weak employment data and Mester's temporary appointment to the Federal Reserve Board, increasing the likelihood of a rate cut in the near future.

However, Tuesday's data may provide early signs of US trade tariffs pushing up inflation. Chris Weston of Pepperstone stated in a report, "All eyes will be on the extent to which core goods inflation is being impacted by tariffs and whether these factors will be more pronounced in the August CPI." (FXStreet)

You may also like

Morning Report | DeepSeek completes over $7 billion in financing, with a valuation exceeding $50 billion; Musk's personal wealth has surpassed the total market value of Bitcoin

Overview of Important Market Events on June 16

Cursor, why did you get on Musk's spaceship?

SpaceX set a record with its IPO, spending a staggering $60 billion to acquire the popular AI programming unicorn Cursor just four days later. Musk is using the ultimate puzzle of "super computing power + top coding engine" to propel the market value skyrocketing, surpassing Amazon in one fell swoop...

In the name of charity, for the benefit of the family: How the Trump family turned charity into profit?

This set of "beautiful rhetoric and value return to one's own people" has not stopped at charitable foundations; it has now almost been transferred intact to American Bitcoin.

Will Gold Break $4,500 After Tonight's Fed Decision? What XAUT and PAXG Traders Need to Know

The Federal Reserve announces its June rate decision tonight. Could gold break $4,500 next? Explore the latest gold price prediction, key Fed scenarios, and what they mean for XAUT and PAXG traders.

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?

The most important question in the cryptocurrency industry is not which chain is the fastest, but rather where top builders choose to build in the long term. Ethereum has just surpassed one million cumulative developers; what does this number mean?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record

Overview of Important Market Events on June 15
1,000 BTC Protection Fund
1:1 proof of reserves and on-chain verification to keep your funds secure.
1,000 BTC Protection FundVerify now

Popular coins

Latest Crypto News

04:45

Bipartisan senators urge the U.S. Treasury to maintain state-level stablecoin regulatory authority under the GENIUS Act

A bipartisan group of senators led by Cynthia Lummis has written to U.S. Treasury Secretary Scott Bessent, requesting that the Treasury maintain states' regulatory authority over certain stablecoin issuers when formulating implementation rules for the GENIUS stablecoin bill. The GENIUS Act was signe...
04:45

The probability of the Federal Reserve keeping interest rates unchanged in June is 99.5%

According to Jinshi reports, CME's "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in June is 99.5%, while the probability of a cumulative rate cut of 25 basis points is 0.5%. By July, the probability of keeping interest rates unchanged is 92%, the proba...
04:45

U.S. Treasury options traders have differing views on the Federal Reserve's interest rate path, focusing on the tone of the Waller press conference

According to Jinshi reports, options traders' views on the Federal Reserve's recent interest rate path are increasingly divergent, with various betting directions ranging from bets on interest rate cuts in the coming months to differing degrees of interest rate hikes. Swap market pricing shows that ...
04:45

The US-Iran framework agreement plans to establish a $300 billion private fund to stimulate investment in Iran

According to a Reuters report, sources say that the U.S.-Iran framework agreement includes a plan to establish a $300 billion private fund to stimulate investment in Iran. The $300 billion Iranian investment fund can only begin operations after the final agreement is signed. The fund is a private in...
04:45

Data: The current 8-hour average funding rate for ETH across the entire network is 0.003%

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.003%. Among the current mainstream exchanges, the rate on Binance is 0.003%, OKX is 0.0031%, Bybit is 0.0099%, and Gate is 0.0027%.
Read more
Community
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com