Euro reverses from two-day high, fade US soft CPI move
Source: EODHD - https://www.fxstreet.com/news/euro-reverses-from-two-day-high-fade-us-soft-cpi-move-202608122158
Published: Aug 12, 2026 5:58 PM
The Euro reversed course after reaching a two-day high of 1.1563, following the release of a benign US inflation report for July, which triggered a repricing for a less “hawkish” Federal Reserve, throughout 2026.
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.
High Impact
EURUSD
EUR
EU
Euro reverses from two-day high, fade US soft CPI move
Published Aug 12, 2026 5:58 PM
Last refreshed Aug 12, 2026 9:00 PM
Source:
EODHD
Event Time: Aug 12, 2026 5:58 PM
News data attribution
This market news item includes source data powered by EODHD.