The Canadian Dollar (CAD) took a one-two punch on Tuesday after Consumer Price Index (CPI) inflation figures rose through the end of the second quarter on both sides of the 49th parallel. The Loonie fell back into recent lows post-CPI print, boosting the USD/CAD pair back above the 1.3700 handle.

The Swiss Franc (CHF) weakens against the US Dollar (USD) on Tuesday, as traders flock to the Greenback in response to hotter-than-expected US inflation data.

The Euro (EUR) strengthened against the Japanese Yen (JPY) on Tuesday as investors rotated out of the Yen amid a mix of geopolitical and domestic policy concerns.

West Texas Intermediate (WTI) Crude Oil remains under pressure on Tuesday as a growing global supply outlook weighs on sentiment. 

The Australian Dollar (AUD) weakened further against the US Dollar (USD) on Tuesday, following stronger-than-expected US inflation data that dampened hopes for a near-term interest rate cut. The Greenback surged across the board, pushing AUD/USD to 0.6510 during the American trading session.

The USD/JPY rallies sharply over 0.86% during the North American session, trading at 148.95, approaching the 149.00 figure for the first time since April 2025. A slightly hot CPI report in the United States (US) sent US Treasury yields soaring, while traders priced out a short-term rate cut.

Pepe (PEPE) is attempting to resume the uptrend, trading at around $0.00001241 after falling from a weekly high of $0.00001337.

EUR/USD backslid on Tuesday, falling over eight-tenths of one percent and tumbling into its lowest bids in nearly three weeks.

GBP/USD shed another two-thirds of one percent top-to-bottom on Tuesday, extending into an eighth consecutive day of Cable losses.

The Dow Jones Industrial Average (DJIA) fumbled on Tuesday, losing enough ground to knock the megacap index back below the previous week’s close, but still holding onto near-term consolidation levels.

The GBP/USD extended its losses to four consecutive days after the latest inflation report in the United States (US) showed signs of rising, the first indication that tariffs triggered a jump in prices. At the time of writing, the pair trades below 1.3400, down by 0.23%.

The Euro (EUR) is trading in a narrow range against the Swiss Franc (CHF) on Tuesday, with price action consolidating near the 0.9300 mark.

Ripple (XRP) slips below $3.00 on Tuesday, exchanging hands at $2.87. The decline follows XRP's rally, which reached a weekly high of $3.03 on Monday, reflecting the soaring volatility in the broader cryptocurrency market. 

GDP growth remained solid at 5.2% y/y in Q2, while monthly data indicates signs of softening. Investment growth slowed sharply in June partly due to a deeper decline in housing investment. Deflationary pressure escalated, partly reflecting overcapacity in some sectors.

New Zealand GDT Price Index increased to 1.1% from previous -4.1%

The Euro extends its advance for the third consecutive session against the Japanese Yen on Tuesday, with EUR/JPY climbing toward the 173.00 level during the American session — a level last seen on 12 July 2024.

Colombia Retail Sales (YoY) came in at 13.2%, above forecasts (12.4%) in May

The price of Silver is attempting to recover from Monday’s slump as traders digest fresh economic data from China, the Eurozone, and the United States.

Dogecoin (DOGE) and Shiba Inu (SHIB) are frontlining meme coins losses on Tuesday, following a strong uptrend the previous day. The surge in the prices of DOGE, SHIB and other crypto assets followed in the footsteps of Bitcoin (BTC), which hit a new record high of $123,218 on Monday.

The Canadian Dollar (CAD) strengthens against the US Dollar (USD) on Tuesday, as traders digest fresh inflation data from both Canada and the United States.

United States Redbook Index (YoY) declined to 5.2% in July 11 from previous 5.9%

United States Consumer Price Index Core s.a climbed from previous 326.85 to 327.6 in June

Canada Consumer Price Index - Core (MoM) increased to 0.3% in June from previous 0.2%

United States Consumer Price Index n.s.a (MoM) came in at 322.561, above expectations (322.5) in June

Canada Consumer Price Index (YoY) in line with expectations (1.9%) in June

Canada Consumer Price Index (MoM) meets forecasts (0.1%) in June

Canada BoC Consumer Price Index Core (MoM): 0.1% (June) vs previous 0.6%