Inflation rate in the Euro Area dropped to 1.90% in June from 2% in May, in line with market expectations. Core consumer prices increased 0.90% in June over the same month in the previous year also matching analysts' estimates.
EURUSD bounced off the 1.1800 support before today's data releases and is currently testing 50 SMA (green line). Should break hgher occur, upward move may acclerate towards resistance at 1.1840 which coicides with upper limit of the triangle formation. Source:xStation5
Daily Summary - Powerful NFP report could delay Fed rate cuts
BREAKING: US100 jumps amid stronger than expected US NFP report
Economic calendar: NFP data and US oil inventory report 💡
Morning Wrap: Dollar in a trap, all eyes on NFP 🏛️(February 11, 2026)