The U.S. dollar experienced fluctuations in the foreign exchange markets as investors anticipated the release of U.S. inflation data. Early trading on January 15, 2025, saw the dollar open near stability, with reports indicating a slight decline in value in various regions, including Chile, where it traded around $1,004. As the day progressed, the dollar weakened further, dipping below $1,000 after the U.S. Consumer Price Index (CPI) data was released, which came in cooler than expected. This led to a dovish reassessment of Federal Reserve policy expectations and a broader risk-on rally in the markets. The Japanese yen also firmed amidst discussions surrounding the Bank of Japan's monetary policy. Overall, the dollar's performance was closely tied to inflation metrics and market sentiment regarding future interest rate adjustments by the Fed.