Core CPI

U.S. September inflation data is set to become the main macro catalyst for bitcoin as traders assess whether the Federal Reserve can ease policy as quickly as markets hope. A softer core reading could support crypto risk appetite, while a hotter print may lift Treasury yields and the dollar, pressuring digital assets.

GBP/USD has fallen to its weakest level since July as traders digest the Federal Reserve decision and prepare for the Bank of England announcement. The pair remains technically pressured after breaking key support areas, though the BoE outcome could still trigger a rebound.

GBP/USD traded around 1.3525 on Monday after stronger UK economic figures and firmer US inflation data kept traders cautious. Technical traders are watching 1.3450 as key support and 1.3650 as the next upside target if the pair rebounds from channel support.

Goldman Sachs has withdrawn its forecast for no Federal Reserve rate hike, aligning with market expectations for a likely 25 basis-point move on Wednesday. The shift has sharpened debate over whether the Fed is responding to inflation risks or to Wall Street pricing.

The Dow Jones Industrial Average bounced nearly 1% on Friday as oil prices retreated and buyers returned after recent weakness. Still, Treasury yields near 5%, inflation pressure and tariff uncertainty keep the 50,000 support zone in focus.

A September Federal Reserve rate hike is widely expected after hotter core inflation data, but traders may be more focused on what persistent inflation says about the broader economy. Bitcoin and gold have risen, suggesting some investors are weighing inflation, debt and policy credibility alongside the next rate decision.

U.S. headline inflation matched expectations in August, but core CPI rose faster than economists had forecast. The data sharpened expectations for a potential Federal Reserve rate hike next week and triggered a modest pullback in bitcoin.

Silver recovered early Friday after sellers drove prices through a key swing bottom and into a major support cluster around the 50 day moving average. The next move hinges on the August CPI release, with Treasury yields near 5%, crude above $100 and September rate hike odds around 70%.

Gold is attempting a technical bounce after buyers defended a major retracement zone for a second time. The next test comes from CPI data, Treasury yields near 5%, crude above $100 and a bearish swing-chart trend that still caps upside momentum.

Gold fell late Friday after a stronger payrolls reading pushed the two-year Treasury yield to its highest level since January 2025. The metal recovered from its session low, but next week’s PPI and CPI releases are set to decide whether buyers can regain control.

EUR/USD remained under pressure near 1.1593 as traders assessed soft US private payrolls data and looked ahead to the official nonfarm payrolls release. Technical traders are watching a bearish flag structure, with 1.1500 emerging as a key downside level and 1.1655 as an upside marker.

AUD/USD remains range-bound as tame U.S. inflation data lowers expectations for a September Federal Reserve rate increase. Middle East uncertainty and oil prices near their August high are limiting enthusiasm for risk-sensitive currencies.

AUD/USD remains stuck in consolidation after tame U.S. inflation data reduced expectations for a September Federal Reserve rate increase. Middle East uncertainty and oil prices near their August high continue to limit appetite for risk-sensitive currencies.

U.S. inflation matched market expectations in July, with headline CPI rising 3.4% year over year and core CPI cooling to 2.5%. Bitcoin briefly dipped after the release but stabilized near $64,000 as Treasury yields remained under pressure.

U.S. inflation came in well below expectations in June, easing pressure on the Federal Reserve to move quickly on interest rates. Bitcoin extended gains after the data, while stock futures rose and Treasury yields fell.