Euro flatlines above 1.1600 despite ECB hawkish hike, traders brace for US CPI data

Euro flatlines above 1.1600 despite ECB hawkish hike, traders brace for US CPI data

Source: EODHD - https://www.fxstreet.com/news/euro-flatlines-above-11600-despite-ecb-hawkish-hike-traders-brace-for-us-cpi-data-202609110042
Published: Sep 10, 2026 8:42 PM

The EUR/USD pair holds steady around 1.1610 during the early Asian session on Friday. Traders continue to assess a hawkish hike from the European Central Bank (ECB).

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.