ForexAug 13, 2026, 5:23 AM

EUR/USD Steady Near 1.1520, Still Bearish Below 100-Day SMA

EUR/USD is little changed around 1.1520 in early European trade on Thursday, while the pair remains bearish below its 100-day simple moving average.

EURUSD

EUR/USD is trading near 1.1520 during early European hours on Thursday, holding steady and staying below the 100-day simple moving average.

The pair remains bearish while it trades under the 100-day SMA, with the 1.1550 area acting as nearby resistance.

U.S. inflation cooled on a year-over-year basis for a second straight month, easing pressure on the Federal Reserve to raise interest rates as soon as previously expected.

Source: FXStreet Forex News

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