Back to news
14 Jul 2026 · 16:28 GMT+3
20

Euro jumps as softer-than-expected US CPI cools bets on rate hikes

EUR/USD snaps a two-day losing streak on Tuesday as softer-than-expected United States (US) inflation data weighs on the US Dollar (USD) and prompts traders to scale back expectations of a near-term Federal Reserve (Fed) interest rate hike.

Trading involves risk. The information above is for reference only and does not constitute investment advice.