Markets on Edge Ahead of U.S. Inflation Data Release

Global markets are bracing for the release of U.S. inflation data, which is expected to have a significant impact on market trends.

The dollar traded sideways in early Asian session hours, showing little movement as investors await the inflation figures.

Despite geopolitical tensions, particularly renewed attacks in Middle Eastern waterways, the dollar's steadiness has been maintained.

Other major currencies such as the yen, euro, and British pound have held their positions despite recent market interventions.