The #US# session opens on a cautious note as traders brace for the upcoming inflation report — a key catalyst for market direction.
💵 The #USDollar# is strengthening ahead of data, reflecting cautious positioning by investors.
Meanwhile, the #euro# remains range-bound amid mixed PMI data, and the #EUR/GBP# faces its sixth straight decline despite encouraging service growth.
Commodity-linked currencies like the #USD/CAD# and #AUD/USD# are underperforming due to trade and manufacturing headwinds, while the JPY weakens as sentiment overshadows firm inflation data.
📈 Overall tone: Defensive — markets await clarity from US inflation figures.
#Inflation# #Fed# #TrumpImpeachment# #FOLLOWMEGuideBook# #FlashNews# #forextrading# #Signal# #COPYTRADE#
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