US Dollar Steady Before US CPI Data: EUR/USD Holds Above Monthly Lows as Markets Await Key Inflation Figures
As markets await key US CPI data, the US dollar shows mixed momentum while EUR/USD holds above monthly lows near 1.0725. Inflation figures will be crucial for Federal Reserve policy expectations and could determine if the dollar continues to strengthen or faces a pullback. Watch Wednesday’s CPI and FOMC updates for clues on the next directional move in forex.
