U S Inflation

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.

Bitcoin has climbed toward $65,000 after softer U.S. inflation data eased rate concerns and pressured the dollar. On-chain activity shows long term holders realizing losses and short term buyers taking profits, creating potential overhead supply.

USD/MXN is holding inside a choppy technical range as traders weigh mixed forex sentiment, U.S. inflation concerns and geopolitical risk. Short-term price action remains vulnerable to sudden spikes as North American flows return to the market.

Large bitcoin holders accumulated more than 270,000 BTC over the past two weeks even as U.S. spot bitcoin ETFs posted record June outflows. The split between whale accumulation and institutional selling has drawn attention because similar divergences have appeared near past cycle lows.