EUR/USD climbs above 1.1450 after US inflation data
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EUR/USD trades in positive territory above 1.1450 in the early American session. Annual CPI inflation in the US rose to 2.4% in May. The US Dollar struggles to stay resilient against its rivals. EUR/USD gained traction and advanced toward 1.1500 in the early American session on Wednesday. The pair was last seen trading at 1.1465, rising 0.35% on a daily basis. Euro PRICE Today The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the New Zealand Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.30% -0.11% -0.09% -0.02% 0.04% 0.16% -0.24% EUR 0.30% 0.18% 0.20% 0.25% 0.32% 0.40% 0.04% GBP 0.11% -0.18% 0.02% 0.11% 0.16% 0.23% -0.15% JPY 0.09% -0.20% -0.02% -0.04% 0.14% 0.22% -0.18% CAD 0.02% -0.25% -0.11% 0.04% 0.09% 0.15% -0.25% AUD -0.04% -0.32% -0.16% -0.14% -0.09% 0.08% -0.29% NZD -0.16% -0.40% -0.23% -0.22% -0.15% -0.08% -0.38% CHF 0.24% -0.04% 0.15% 0.18% 0.25% 0.29% 0.38% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote). USD weakens after softer-than-expected inflation data The US Dollar (USD) weakened against its rivals with the immediate reaction to May inflation data from the US and helped EUR/USD push higher midweek. The US Bureau of Labor Statistics reported that the Consumer Price Index (CPI) and the core CPI both rose 0.1% in May, at a softer pace than analysts’ estimates. On a yearly basis, the CPI rose 2.4% following the 2.3% increase recorded in April and…
Filed under: News - @ June 11, 2025 5:25 pm