United States EIA Crude Oil Stocks Change came in at -1.962M below forecasts (-1.6M) in January 10

Jan 15, 2025

USD/JPY tumbles over 1% as US core inflation cools

The USD/JPY dropped over 1% in early trading during the North American session as inflation data in the United States (US) resumed its downward trajectory in core figures.

Fed’s Barkin: Inflation is coming down

Richmond Federal Reserve President Thomas Barkin remarked on Wednesday that December’s US inflation data suggests price pressures are continuing to ease.