EUR/USD steadies as soft US inflation trims Fed hike bets
EUR/USD traded at 1.1537 on Friday as markets weighed softer US inflation and reduced expectations for a Federal Reserve rate hike.
EURUSD
EUR/USD held around 1.1537 on Friday, according to the post, with traders continuing to digest incoming economic data.
Softer US inflation figures have lowered expectations of a Federal Reserve rate hike, which offered some support to the euro against the dollar.
The source did not specify the size of the inflation surprise or revised Fed policy odds.
Source: FXStreet Forex News