Euro: Soft US CPI could support gains against US Dollar – ING

Euro: Soft US CPI could support gains against US Dollar – ING

Source: EODHD - https://www.fxstreet.com/news/euro-soft-us-cpi-could-support-gains-against-us-dollar-ing-202608121002
Published: Aug 12, 2026 6:02 AM

Chris Turner at ING notes EUR/USD remains lacklustre despite better Eurozone data and upside surprises, as high European natural gas prices and Gulf tensions weigh on the Euro.

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.