US producer prices beat forecasts in February, boosting core inflation and lifting the dollar index toward 99.80.
ABN AMRO says Hormuz energy shock may lift inflation, weaken growth, prompting Fed to hold rates.
US core producer prices rose 0.5% in February, topping forecasts of 0.3% and highlighting stronger inflation pressures.
US Producer Price Index rose 3.4% year-on-year in February, exceeding expectations of 2.9% by 0.5 points.
US Producer Price Index rose 0.7% in February, exceeding the 0.3% forecast by 0.4 points.
Japanese officials warn of intervention as yen nears 160 per dollar, citing speculation; markets await policy decisions.
SocGen sees mildly restrictive Fed, possibly hawkish SEP, boosting dollar; oil shock lessening; dissent risks; higher PCE.
US index futures rose ahead of Fed decision; Dow and S&P led rebound, VIX watched near warning.
Sterling held near 1.3350 as markets awaited BoE and Fed decisions and key UK labour data.
Gulf conflict-linked disruptions tighten aluminium supply; Hormuz risks loom, prices and premiums surge amid worsening global deficits.
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