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fxAug 12, 2026, 5:52 AM

Euro Holds Steady Near 1.1534 Ahead of US CPI Data

The Euro is trading slightly lower against the US Dollar at around 1.1534 as markets await key US inflation figures.

EURUSD

The Euro opened the European session marginally weaker against the US Dollar, with EUR/USD hovering near 1.1534. Market participants remain cautious ahead of the upcoming US Consumer Price Index release.

The inflation data is expected to provide clues on the Federal Reserve's next policy moves, which could shift the dollar's near-term trajectory. Trading ranges are tight as investors avoid large positions before the report.

Source: FXStreet Forex News