EUR/USD is currently trading at 1.1660, having fluctuated within a tight range of 1.1650 to 1.1675 during the Asian and European trading sessions on Monday. Market participants are closely monitoring the upcoming US Consumer Price Index (CPI) figures, which are expected to provide insight into inflation trends and influence future monetary policy decisions.
The exchange rate’s stability reflects a cautious sentiment among traders as they await the CPI data. Any significant deviation from expectations could trigger volatility in the currency pair, impacting both the euro and the US dollar. As the market anticipates these key economic indicators, the EUR/USD will likely remain sensitive to shifts in economic sentiment and inflationary pressures.
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Data Source: FX Killer Analysis Team Updated: 2026-01-13 13:40
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.