On Tuesday, July 15th, 2025, the U.S. Dollar traded in mixed ranges against the G10 currencies following June’s CPI report, which came in largely as expected. Headline inflation rose 0.3 percent month-over-month and 2.7 percent year-over-year, with core CPI at 2.9 percent—still above the Fed’s target but not alarming. The data helped boost risk sentiment, with emerging-market assets rebounding and bond yields fluctuating. The Japanese Yen weakened further amid risk-on trading and domestic political uncertainty, while the British Pound also underperformed ahead of Wednesday’s U.K. CPI release, where elevated services inflation is expected. Markets remain alert to Q2 earnings and political rhetoric, both of which could drive continued FX volatility this week.
