US CPI Preview: Inflation to Spike to 3-Year Highs above 4%?.In the wake of Friday's third consecutive stronger-than-anticipated Non-Farm Payrolls report, traders now turn their attention to the other half of the Federal Reserve's dual mandate, inflation.

Crude Oil Price Analysis – Oil Continues to See Range Play Out.The oil markets continue to see a lot of noise coming out of the Middle East as per usual, with this market worrying about supply and the latest military strikes. However, it looks like we are winding down somewhat of the hostility.

Indonesian Rupiah: Stability relies on tighter BI policy – UOB.Indonesian Rupiah: Stability relies on tighter BI policy – UOB

Natural Gas Price Analysis – Natural Gas Looks Heavy.The natural gas market has been a bit noisy at this point in time, as we are dancing around the 200 Day EMA indicator. At this point, I am looking to short this market.

Chinese Yuan: Uptrend against US Dollar intact amid trade surplus – BBH.Chinese Yuan: Uptrend against US Dollar intact amid trade surplus – BBH

South Korean Won: Policy support aims to stabilise Won – Commerzbank.South Korean Won: Policy support aims to stabilise Won – Commerzbank

United States Wholesale Inventories above forecasts (0.5%) in April: Actual (0.6%).United States Wholesale Inventories above forecasts (0.5%) in April: Actual (0.6%)

United States Existing Home Sales (MoM) came in at 4.17M, above expectations (4.07M) in May.United States Existing Home Sales (MoM) came in at 4.17M, above expectations (4.07M) in May

US Dollar-Yen to Correct to 155 by Year-End - Citi USD/JPY Forecast.The US Dollar to Yen (USD/JPY) exchange rate remains close to multi-decade highs and is trading around 160.20 after repeatedly testing the 160 level over recent weeks. Citi expects USD/JPY to remain elevated in the short term but continues to forecast a move lower towards 155 by the end of the year.

USD/JPY, USD/CHF and USD/CAD Forecasts – US Dollar Drifting Early on Tuesday.The US dollar has been drifting in the early part of the session on Tuesday, as interest rates are dropping a bit.

British Pound gains as report of a BoJ bond-tapering pause weighs on the Japanese Yen.British Pound gains as report of a BoJ bond-tapering pause weighs on the Japanese Yen

US: Small Business Optimism Eases in May as Price Pressures Trek Higher.The NFIB's Small Business Optimism Index fell 0.6 points to 95.3 in May, disappointing market expectations for a modest uptick to 96.1. The Uncertainty Index rose 3 points to 91, remaining well above its historical average of 68.

Canada's Trade Surplus Widened in April.Exports in April rose by 1.6% month-on-month (m/m) following sturdy gains over the last two months. Higher oil prices pushed energy exports up 9.7% m/m, led by crude oil.

Euro: Dependent on Dollar moderation – NBC.Euro: Dependent on Dollar moderation – NBC

Japanese Yen: JGB focus shapes FX outlook – Rabobank.Japanese Yen: JGB focus shapes FX outlook – Rabobank

Chinese Yuan: Trade data supports currency strength – Societe Generale.Chinese Yuan: Trade data supports currency strength – Societe Generale

United States Redbook Index (YoY) rose from previous 9% to 9.1% in June 5.United States Redbook Index (YoY) rose from previous 9% to 9.1% in June 5

Traders Take Profits Ahead of High-Stakes US CPI, Sterling Jumps on Strong Consumer Spending.Global markets showed signs of stabilization today, but conviction remained notably absent as investors positioned cautiously ahead of Wednesday's pivotal US CPI report. Technology shares rebounded strongly across Japan and South Korea, oil prices eased, and Dollar softened.

Indonesian Rupiah: Off-cycle BI hike to stabilize rupiah – BBH.Indonesian Rupiah: Off-cycle BI hike to stabilize rupiah – BBH

Canada: Early-stage recovery view – RBC.Canada: Early-stage recovery view – RBC

United States Goods Trade Balance dipped from previous $-82.4B to $-83.7B in April.United States Goods Trade Balance dipped from previous $-82.4B to $-83.7B in April

US International trade balance for April -$55.9B vs -$56.1B estimate.The U.S. international trade balance measures the difference between what the United States exports and what it imports in goods and services. When imports exceed exports, the U.S. runs a trade deficit, which has been the normal condition for decades.

Euro: Safe haven appeal grows with structural boosters – BNP Paribas.Euro: Safe haven appeal grows with structural boosters – BNP Paribas

United States ADP Employment Change 4-week average increases to 29K.United States ADP Employment Change 4-week average increases to 29K

Mexico 12-Month Inflation registered at 3.94%, below expectations (4.03%) in May.Mexico 12-Month Inflation registered at 3.94%, below expectations (4.03%) in May

Mexico Core Inflation came in at 0.22% below forecasts (0.24%) in May.Mexico Core Inflation came in at 0.22% below forecasts (0.24%) in May

Mexico Headline Inflation below forecasts (-0.12%) in May: Actual (-0.21%).Mexico Headline Inflation below forecasts (-0.12%) in May: Actual (-0.21%)

USDJPY, Gold Price Outlook: Stronger US Dollar Pressures Gold as USDJPY Tests 160 Resistance.Gold prices remain under pressure as US dollar strength weighs on the metal's fragile recovery. A cautious outlook persists for gold below the 4,360 resistance level and beneath a multi-month trendline extending from the March 2026 highs.

investingLive European FX news wrap: Markets consolidate as US CPI looms.It's been a very boring session with no market-moving data or news releases. The only notable news was the Nikkei report confirming that the BoJ is going to hike interest rates to 1% next week and pause bond tapering from next fiscal year.

Australian Dollar underperforms as RBA rate hike fears wane.Australian Dollar underperforms as RBA rate hike fears wane