The latest data from the Bureau of Labor Statistics (BLS) shows that producer prices climbed 3.3% in December compared to a year earlier.

The EUR/GBP pair extends its winning streak for the fifth trading day on Tuesday.

United States Producer Price Index ex Food & Energy (MoM) registered at 0%, below expectations (0.3%) in December

United States Producer Price Index (MoM) below forecasts (0.3%) in December: Actual (0.2%)

United States Producer Price Index (YoY) registered at 3.3%, below expectations (3.4%) in December

United States Producer Price Index ex Food & Energy (YoY) came in at 3.5%, below expectations (3.8%) in December

The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, is trading flat and resides just below 110.00 on Tuesday, extending the previous day’s retracement from an over-two-year high of 110.18. The main driver comes

Gold’s price (XAU/USD) is seeing concerns fade to the background over the Federal Reserve (Fed) policy rate which took over sentiment on Monday, with prices recovering slightly and trading near $2,670 at the time of writing on Tuesday. That sentiment

EUR/USD holds Monday's recovery move in Tuesday’s North American session but struggles to extend its upside above the immediate resistance of 1.0270.

The Pound Sterling (GBP) resumes its downside journey in Tuesday's European session due to rising yields on the United Kingdom (UK) gilts.

Germany 5-y Note Auction up to 2.42% from previous 2.04%

The USD/CHF pair recovers its intraday losses and flattens to near 0.9160 in Tuesday’s European session.

United States NFIB Business Optimism Index above forecasts (100.8) in December: Actual (105.1)

The USD/JPY pair moves sharply higher to near 158.00 in Tuesday’s European session.

Spain 9-Month Letras Auction: 2.485% vs 2.366%

Spain 3-Month Letras Auction declined to 2.493% from previous 2.567%

Silver prices (XAG/USD) rose on Tuesday, according to FXStreet data.

Silver price (XAG/USD) recovers some of their recent losses from the previous session, trading near $29.80 per troy ounce during European trading hours on Tuesday.

The EUR/JPY cross builds on the overnight recovery from the 160.00 psychological mark, or a nearly one-month low and attracts some follow-through buyers on Tuesday.

Italy Industrial Output w.d.a (YoY) rose from previous -3.6% to -1.5% in November

Italy Industrial Output s.a. (MoM) meets forecasts (0.3%) in November

European Central Bank (ECB) policymaker Robert Holzmann commented on the inflation outlook in his appearance on Tuesday.

AUD/JPY gains ground for the second successive day, trading around 97.60 during the European hours on Tuesday.

Gold price (XAU/USD) attracts some dip-buyers during the Asian session on Tuesday and reverses a part of the previous day's retracement slide from the vicinity of a one-month top touched last week.

NZD/USD extends its gains for the second successive day, trading around 0.5610 during the early European hours on Tuesday.

France Budget Balance fell from previous €-157.39B to €-172.486B in November

Here is what you need to know on Tuesday, January 14: Following a mixed close on Wall Street overnight, markets witnessed a sluggish performance in Asian indices as Japanese markets reopened on a negative note.

Xuan Changneng, People’s Bank of China (PBOC) Deputy Governor, said on Tuesday that the central bank “will continue to take measures to keep the Yuan exchange rate basically stable at reasonable and balanced levels.” Additional quotes Will step up counter-cyclical policy adjustment.

The Australian Dollar (AUD) extends its gains against the US Dollar (USD) for a second consecutive day on Tuesday, rebounding from 0.6131, its lowest level since April 2020.

West Texas Intermediate (WTI) US Crude Oil prices edge lower on Tuesday and for now, seem to have snapped a three-day winning streak to the highest level since October 8 touched the previous day.