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Tonight, Australia will release January inflation data, likely reflecting a rise in headline CPI to 2.6%.

Australia’s January inflation data shows CPI growth to 2.6%, with employment rising by 44,000 full-time jobs.

An advisor from the PBOC predicts a moderate decline in China’s CPI amid domestic demand pressures.

China’s CPI may drop in February due to weak demand, property market adjustments, and US trade tensions.

UOB Group suggests GBP/USD may stay confined to a lower range of 1.2600/1.2670.

GBP/USD decline expected within 1.2600-1.2670; falling below 1.2600 is unlikely. Upward momentum slowing, affecting short-term outlook.

German political developments fail to energise EUR/USD, keeping the pair around the 1.0500 level.

EUR/USD struggles at 1.0500; German politics offer little momentum; support at 1.0460-62 sustains bullish sentiment.

The US Dollar strengthened initially but may weaken later due to tariff discussions involving Canada and Mexico.

USD strengthened as Trump suggested tariffs on Canada and Mexico. Markets watch consumer confidence data for Fed expectations.

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