EUR/USD news for August 13, 2026
The Euro edged higher against the US Dollar after softer-than-expected US Producer Price Index data reinforced expectations of cooling inflation, but gains were capped as the US Dollar's decline fizzled and retraced. German inflation data also kept the Euro subdued. The pair held above 1.1500, having bounced off a one-week low.
How the day unfolded
EURUSD is hovering below 1.1550 as fading hopes for a quick US-Iran agreement and softer German inflation data keep the euro under pressure. Meanwhile, the US dollar has firmed as investors await the crucial US CPI report, which is expected to be a key driver for the pair. The currency pair has been consolidating in the mid-1.1500s ahead of these data releases.
EURUSD is trading below 1.1550 as market focus shifts to the upcoming US CPI report. The euro remains subdued after German inflation data, while a brief dollar dip was retraced, and fading hopes for a swift US-Iran peace deal keep the pair pressured. Traders are now looking to the US inflation print for further direction.
EUR/USD has been driven by shifting inflation expectations, with the Euro initially subdued after German inflation data, then advancing as the Dollar weakened on signs of cooling US inflation. However, that Dollar decline faded and the pair reversed from a two-day high, leaving it consolidating below mid-1.1500s as traders await the upcoming US CPI release for direction.
The euro remains subdued following German inflation data, while holding above 1.1500 against the dollar. Traders are focused on upcoming US CPI and PPI releases, with the dollar's initial weakness on cooling inflation having fizzled. The pair is consolidating as markets weigh these mixed signals.
EUR/USD is consolidating near 1.1500 as traders weigh subdued German inflation data against a softer U.S. dollar, which had been pressured by cooling U.S. inflation expectations. The pair bounced off a one-week low but remains capped below mid-1.1500s, with market focus shifting to upcoming U.S. PPI/CPI figures and German HICP for direction. Meanwhile, a retracement of the dollar's recent decline is keeping the euro from extending gains, despite the greenback's earlier weakness.
The Euro edged higher against the US Dollar following softer-than-expected US PPI data, which weighed on the greenback, though it later consolidated around the mid-1.1500s. Traders are now looking ahead to upcoming US CPI and German HICP figures for further direction. The currency pair bounced off a one-week low but held above 1.1500 as dollar weakness faded.
EURUSD edged higher after soft US PPI data weakened the dollar, with the pair holding above 1.1500. The dollar's decline later faded, and the pair consolidated below mid-1.1500s as traders turned attention to upcoming German HICP and US CPI releases. Subdued German inflation data also kept the euro from gaining further.
Headlines (13)
- Euro drifts below 1.1550 as hopes of a swift US-Iran peace deal wanewww.fxstreet.com · Aug 11, 06:59 UTC
- US Dollar Gains as Markets Await Crucial US CPI Report. Forecast as of 11.08.2026www.litefinance.org · Aug 11, 07:38 UTC
- Euro consolidates below mid-1.1500s vs USD ahead of German HICP, US CPIwww.fxstreet.com · Aug 12, 01:09 UTC
- What are the main events for today?investinglive.com · Aug 12, 06:22 UTC
- Euro remains subdued following German inflation datawww.fxstreet.com · Aug 12, 07:38 UTC
- What is the distribution of forecasts for the US CPI?investinglive.com · Aug 12, 07:47 UTC
- The USDs fall fizzles. The declines are retraced and then someinvestinglive.com · Aug 12, 15:38 UTC
- Euro reverses from two-day high, fade US soft CPI movewww.fxstreet.com · Aug 12, 21:59 UTC
- Euro advances as US Dollar weakens amid cooling Inflationwww.fxstreet.com · 01:02 UTC
- Dollar Is Giving EUR/USD Every Chance to Rally. So What’s Holding Euro Back?www.actionforex.com · 05:31 UTC
- Euro bounces off one-week low, holds above 1.1500 vs USD as traders look to US PPIwww.fxstreet.com · 08:55 UTC
- Euro edges higher against US Dollar after soft US PPI datawww.fxstreet.com · 15:59 UTC
- Its the 'what'd I miss?' post! Oil falls despite Hormuz chaos, S&P 500 record highinvestinglive.com · 20:51 UTC
Scheduled events
As of 23:48 UTC
- 2026-08-13 — Industrial Production m/m · forecast -0.1% · EUR
- 2026-08-13 — FOMC Member Hammack Speaks · USD
- 2026-08-13 — Core PPI m/m · forecast 0.3% · USD
- 2026-08-13 — PPI m/m · forecast 0.2% · USD
- 2026-08-13 — Unemployment Claims · forecast 202K · USD
- 2026-08-13 — FOMC Member Barkin Speaks · USD
- 2026-08-13 — Mortgage Delinquencies · USD
- 2026-08-13 — Natural Gas Storage · forecast 31B · USD
Not investment advice. For informational purposes only.