The general index of the US dollar recorded declines of more than 0.30% this morning, Tuesday, February 14, a few hours before the US Department of Labor announced the CPI inflation numbers, which will be issued in the American session, where the dollar is trading at 102.90 levels.

Today’s inflation figures represent one of the most important economic figures issued in February, as expectations indicate that inflation will continue to slow in January and reach 6.3% from 6.5%, but it is expected to rise on a monthly basis by 0.5%, and that the main index, excluding food and energy prices, will rise to 5.4. % from 5.7% in December.

The US inflation figures are important because they will give a clearer idea of the future of monetary policy from the US Federal Reserve and whether the hard-line statements of the US Federal Reserve members last week were justified or if they exaggerated expectations for peak interest levels higher than 5.2% in July compared to less than 5% almost a month ago.

. Continued slowdown in inflation in January may support a lower pace of tightening by the US Federal Reserve and raise expectations that we will witness a cut in interest rates by the end of the year, while the return of inflation to the rise will reflect positively on the US dollar and negatively on stock markets, as expectations of tightening from the Federal Reserve will rise.

From Japan, where the government of Japanese Prime Minister Kishida nominated this morning in the Asian session, the university professor and former member of the Board of the Bank of Japan, Kazuo Ueda, as a new governor of the Central Bank of Japan, to succeed Kuroda, whose term will end on the eighth of next April, and he now needs the approval of both houses of parliament for final approval.

In return, the former head of the Financial Services Agency, Ryuzo Himeno, and the bank’s CEO, Shinichi Uchida, were appointed deputy governors.

On the other hand, the unemployment rate in the United Kingdom increased by 0.1% in the fourth and last quarter of last year, according to the figures issued this morning, to reach 3.7%, while the employment rate was estimated at 75.6%, i.e. 0.2% higher than in the third quarter, and the growth in the average total salary reached 5%. 9% compared to 6.7%.

The Japanese yen is trading at 132.13 levels, amid anticipation of any statements from the new bank governor regarding monetary policy in the upcoming period, while the sterling pound is trading at an increase of more than 60 points at 1.2199 levels, and the euro is trading at 1.0760 levels.