{
  "id": 6725537,
  "title": "Forex Today: US Dollar consolidates gains as focus shifts to cricital inflation report",
  "url": "https://urgent.news/2026/09/11/forex-today-us-dollar-consolidates-gains-as-focus-shifts-to-cricital",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-11T07:36:55.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/forex-today-us-dollar-consolidates-gains-as-focus-shifts-to-cricital-inflation-report-202609110736"
  },
  "original_language": "en",
  "account": "On Friday, September 11, the US Dollar (USD) stabilized in the early European session after gaining strength against its rivals on Thursday. Market participants will closely monitor the August Consumer Price Index (CPI) data, which could provide insight into the Federal Reserve's next policy move. The US economic calendar will also include the University of Michigan's preliminary Consumer Sentiment Index for September. Throughout the week, the USD was the strongest against the New Zealand Dollar.\n\nIn August, the Producer Price Index (PPI) in the US rose by 5.4% on a yearly basis, surpassing the market expectation of 5.3%. This followed a 4.8% increase in July, contributing to bullish momentum for the USD Index, which climbed 0.3% on the day. The surging crude oil prices also weighed on market sentiment and supported the USD. The barrel of West Texas Intermediate (WTI) rose nearly 7% on Thursday, hitting its highest level since late May above $100. Early Friday, WTI prices corrected slightly, trading at around $97.50.\n\nIran and Gulf states are set to meet to reach a temporary deal for managing shipping through the Strait of Hormuz. Analysts at Danske Bank note that the recent increase in Brent oil prices is adding inflationary pressure and influencing global rates markets. They emphasize that Iran-backed Houthi rebels have seized Mocha on Yemen's Red Sea coast, bringing them closer to the Bab al-Mandeb Strait, a crucial passage for seaborne energy flows. Markets are pricing in a higher risk of disruption to exports and tanker traffic. Investors anticipate that the annual headline CPI inflation in the US will remain at 3.4% in August, while the core CPI, excluding volatile food and energy prices, is expected to rise by 0.2% on a monthly basis.",
  "summary": "Here is what you need to know on Friday, September 11:",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Australian Dollar softens to near 0.7150, US CPI inflation data looms",
        "url": "https://urgent.news/2026/09/11/australian-dollar-softens-to-near-0-7150-us-cpi-inflation-data-looms",
        "published": "2026-09-11T02:51:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}