#CryptoCPIWatch Here's the latest news on CPI data:

*United States*

- The US Consumer Price Index (CPI) is expected to show a stable inflation rate of 2.4% year-over-year in April, same as March.

- Core CPI inflation, excluding food and energy, is forecast to hold steady at 2.8% year-over-year.

- The CPI data release could impact the Federal Reserve's policy outlook and influence the US Dollar's performance.

*India*

- India's retail inflation likely fell to a near six-year low in April, driven by moderation in food prices, according to a Reuters poll.

- The decline would mark the third consecutive month that inflation has remained below the Reserve Bank of India's (RBI) 4% medium-term target.

- India's Consumer Price Index (CPI) decreased to 192 points in March from 192.50 points in February 2025 ¹ ².

*Impact on Markets*

- A surprise uptick in US CPI inflation could strengthen the US Dollar, while a softer-than-expected reading could revive the USD downtrend.

- The EUR/USD pair is expected to react significantly to the CPI data release, with potential targets at 1.1322 and 1.1380 if it breaks above the 21-day Simple Moving Average ³.