Indonesia Bank Indonesia Rate meets forecasts (4.75%)

Jan 21, 2026

EUR/GBP softens below 0.8750 after UK CPI inflation data

The EUR/GBP cross loses ground to near 0.8720 during the early European session on Wednesday. The Pound Sterling (GBP) edges higher against the Euro (EUR) after the UK Consumer Price Index (CPI) inflation report.

US Dollar Index steadies around 98.50 as “Sell America” sentiment emerges

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground after experiencing volatility and trading around 98.60 during the early European hours on Wednesday.