Euro advances as US Dollar weakens amid cooling Inflation

Euro advances as US Dollar weakens amid cooling Inflation

Source: EODHD - https://www.fxstreet.com/news/euro-advances-as-us-dollar-weakens-amid-cooling-us-inflation-202608130101
Published: Aug 12, 2026 9:01 PM

EUR/USD halts its three-day losing streak, trading around 1.1530 during the Asian hours on Thursday. The currency pair gains ground as the US Dollar (USD) faces challenges following the release of July's Consumer Price Index (CPI) report.

Market context: This update is relevant to EUR traders, with EURUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.