EUR/USD Holds Steady as Markets Await US Inflation Data and Powell Expresses Concern

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The EUR/USD pair stabilized around 1.0800 on Wednesday, following a modest pullback from a near four-week high of 1.0850. Investors are cautiously awaiting Thursday’s release of the US Consumer Price Index (CPI) for June, which will provide crucial insights into the Federal Reserve’s (Fed) potential policy trajectory. Economists anticipate a 0.1% monthly increase and a […]