Story perspectives
EUR/USD Rises Amid Surging US Inflation Data
2/14/2025
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Story summary
- EUR/USD increased by 0.2% on Wednesday, influenced by US inflation data.
- US CPI climbed to 3.0% year-over-year, surpassing the 2.9% forecast.
- Anticipation builds for US PPI inflation data, expected to dip to 3.3%.
- German HICP inflation is projected to hold steady at 2.8%.
- EUR/USD remains below the 50-day EMA near 1.0425, with support at 1.0300.
