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fxJun 29, 2026, 4:24 PM

EUR/USD climbs above 1.1420 as Eurozone sentiment data mixed

EUR/USD rose above 1.1420 in the American session on Monday, with investors digesting mixed Eurozone sentiment figures and awaiting German HICP data.

EURUSD

EUR/USD traded above 1.1420 during the American session on Monday, extending its recent strength as market participants assessed the latest Eurozone sentiment releases.

The Eurozone Business Climate index for June came in at -0.38, deteriorating from the previous revised reading of -0.27. Despite the weaker business climate, the euro managed to gain ground ahead of key German inflation data (HICP) due later this week.

Source: FXStreet Forex News