Euro holds ground against US Dollar amid Fed uncertainty ahead of US CPI

Euro holds ground against US Dollar amid Fed uncertainty ahead of US CPI

Source: EODHD - https://www.fxstreet.com/news/euro-holds-ground-against-us-dollar-amid-fed-uncertainty-ahead-of-us-cpi-202608101451
Published: Aug 10, 2026 10:51 AM

EUR/USD treads water on Monday as the US Dollar (USD) steadies following its post-NFP weakness, while Oil prices rise amid uncertainty over the reopening of the Strait of Hormuz. At the time of writing, the pair trades around 1.1553, virtually unchanged on the day.

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.