Global FX Daily - USD trades on the front foot as inflation and employment call for Fed caution -BBVA Market Strategy

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2025/07/16

Global FX Daily – USD trades on the front foot as inflation and employment call for Fed caution

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- EURUSD falls to 1.16 amid generalised USD strength
- UK inflation pickup gives support to a weak pound
- Canada’s CPI joins jobs report to underpin CAD resilience
- LatAm resists the USD rebound in a light week of local data; the BRL shrugs off pressure
- Chilean local markets closed today, returning on Thursday; stress on CLP eases on cheaper valuations

Global FX Daily – USD trades on the front foot as inflation and employment call for Fed caution

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