EUR/USD: Euro Holds Steady Before Key Inflation Data, ECB Rate Cut Expectations Pared Back

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The EUR/USD currency pair is trading around 1.0850, consolidating ahead of the release of inflation data from both the Eurozone and the US later this week. Market Dynamics: Technical Analysis (EUR/USD): Possible Scenarios: Key Event: Overall: The EUR/USD is currently in a wait-and-see mode, with the immediate direction likely dependent on the upcoming inflation data. […]