EUR/USD Slips as Hot US Inflation Boosts Dollar
EUR/USD weakens to approximately 1.1735 during the early Asian session on Wednesday. The US Consumer Price Index increased by 3.8% year-over-year in April, marking the highest level since May 2023. According to ECB’s Nagel, the likelihood of rate hikes is on the rise. The EUR/USD pair is currently positioned in negative territory, trading around 1.1735 … Read more







