EUR consolidates vs USD ahead of Eurozone CPI
Eurozone CPI is set to be confirmed at 3.8%, well above the ECB’s target, with markets pricing around 75bp of further tightening.
Original · FXStreet AI summary of public reporting
Why: Eurozone CPI at 3.8% well above ECB target
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At publication → CurrentEUR1.125 → 1.127+0.2%