Dollar remains stable as traders anticipate US inflation data and Trump-Xi meeting

Written by Emily J. Thompson, Senior Investment Analyst

Source: Reuters

Updated: Oct 24 2025

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Source: Reuters

U.S. Dollar and Inflation Data: The U.S. dollar is slightly up, with expectations of a rate cut by the Federal Reserve next week, despite upcoming inflation data that is not expected to change this trajectory.
Trade Tensions and Upcoming Meetings: President Trump has ended trade talks with Canada, raising concerns about trade relations, while investors are hopeful for a resolution in the trade war during the upcoming meeting between Trump and Xi Jinping.
Market Reactions and Economic Indicators: The Canadian dollar has weakened slightly, and the euro and sterling are also facing declines, as traders anticipate the U.S. Consumer Price Index data and its implications for future rate cuts.
Japan's Economic Policies: The Japanese yen has fallen to a two-week low amid expectations of a stimulus package from the new Prime Minister, which may delay interest rate hikes by the Bank of Japan despite rising core consumer prices.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.