Euro holds steady above 1.1600 as markets brace for US inflation data and ECB rate decision

Euro holds steady above 1.1600 as markets brace for US inflation data and ECB rate decision

Source: EODHD - https://www.fxstreet.com/news/euro-holds-steady-above-11600-as-markets-brace-for-us-inflation-data-and-ecb-rate-decision-202609080449
Published: Sep 08, 2026 12:49 AM

The EUR/USD pair trades on a flat note around 1.1625 during the early European trading hours on Tuesday. Traders prefer to wait on the sidelines ahead of the key US inflation data and the European Central Bank (ECB) interest rate decision later this week.

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.