EUR/USD Steadies Above 1.1800 Ahead of Eurozone CPI, US Data
4 Articles
4 Articles
EUR/USD steadies above 1.1800 ahead of Eurozone CPI, US data
The post EUR/USD steadies above 1.1800 ahead of Eurozone CPI, US data appeared on BitcoinEthereumNews.com. The EUR/USD pair struggles to capitalize on the previous day’s modest bounce from the 1.1780-1.1775 area, or over a one-week low, and oscillates in a narrow band during the Asian session on Wednesday. Spot prices currently trade around the 1.1815 zone, nearly unchanged for the day, as traders keenly await the release of the flash Eurozone c…
EU CPI to Undershoot ECB’s 2% Target Tomorrow: Feb. 3, 2026
Tomorrow’s Eurozone Consumer Price Index is expected to come in at 1.7%, significantly undershooting the European Central Bank’s 2% target by a substantial margin and potentially opening up the door to a resumption in the institution’s cutting cycle, which many thought may have been over.
Shaan Raithatha Market Consensus (Vanguard Group) The ECB is expected to keep the rates unchanged at a February monetary policy meeting without major developments. Data since the December staff projections have been in line with expectations, with slightly moderate inflation figures at the end of 2025 offset by stronger figures at the beginning of 2026. Despite geopolitical headlines (e.g. Greenland), staff technical assumptions about the euro …
EUR: Inflation expectations and ECB stance – TD Securities
TD Securities discusses the Eurozone's inflation expectations ahead of key economic data releases. The report anticipates a dip in headline inflation to 1.7% y/y, which is aligned with previous forecasts. The ECB views this as a temporary deviation, suggesting no immediate monetary policy shifts.
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