{
  "id": 6761073,
  "title": "Euro steadies against US Dollar after volatile reaction to US CPI",
  "url": "https://urgent.news/2026/09/11/euro-steadies-against-us-dollar-after-volatile-reaction-to-us-cpi",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-11T13:02:26.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/euro-steadies-against-us-dollar-after-volatile-reaction-to-us-cpi-202609111302"
  },
  "original_language": "en",
  "account": "The Euro steadied against the US Dollar on Friday after the US Consumer Price Index (CPI) report came close to expectations, with a modest 0.4% month-over-month rise in August. The annual inflation rate remained at 3.4%, in line with forecasts. Core inflation, excluding food and energy prices, increased 0.3% month-over-month, slightly above expectations and the previous 0.2% reading. Gasoline prices, accounting for over a third of the monthly increase, rose 3.9% in August. The US Dollar saw limited buying interest following the release, with the US Dollar Index (DXY) trading around 99, slightly lower than its brief 99.36 peak. Markets now anticipate an 88% probability of a 25-basis-point interest rate increase at the Fed's September meeting, up from 67% earlier. The latest Producer Price Index (PPI) report, released on Thursday, showed annual producer inflation accelerating to 5.4% from 4.8% in July, reinforcing expectations of a rate hike.",
  "summary": "EUR/USD reverses earlier losses on Friday after the latest United States (US) Consumer Price Index (CPI) report came broadly in line with expectations and failed to trigger a strong market reaction.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Australian Dollar: Fresh downside momentum targets 0.7120 against US Dollar – UOB",
        "url": "https://urgent.news/2026/09/11/australian-dollar-fresh-downside-momentum-targets-0-7120-against-us",
        "published": "2026-09-11T08:43:44.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}