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fxAug 12, 2026, 1:09 AM

EUR/USD Lingers Below Mid-1.15 as Markets Await German HICP, US CPI

EUR/USD trades in a narrow range around 1.1550 as investors look ahead to German HICP and US CPI releases for direction. The pair has been trapped in a familiar band for the past week.

EURUSD

The EUR/USD pair was unchanged around the 1.1550 handle during Asian trading on Wednesday, lacking momentum as markets braced for key inflation data. German final HICP and the US consumer price index are both due later in the session.

The single currency has been confined to a tight range over the past week, reflecting indecision among traders ahead of the data. A breakout may await the inflation prints.

Source: FXStreet Forex News