{
  "id": 807925,
  "title": "Euro holds above 1.1500 as US inflation curbs Fed bets",
  "url": "https://urgent.news/2026/08/13/euro-holds-above-1-1500-as-us-inflation-curbs-fed-bets",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T21:22:13.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/euro-holds-above-11500-as-us-inflation-curbs-fed-bets-202608132122"
  },
  "original_language": "en",
  "account": "The Euro remains above 1.1500 amidst US inflation data dampening expectations of a Federal Reserve rate increase at the September 16 meeting. Traders have shifted from anticipating a hike to a hold, awaiting European Union growth figures. US producer-side inflation, as measured by the Producer Price Index, has slowed to 4.7% and 4.2% for headline and core figures, respectively, compared to June. This has led investors to lower expectations of Fed easing in September, with a 67% chance of a rate hike by year-end, down from 70% previously. Jobless claims rose to 209K, slightly above forecasts but close to the 4-week average of 199K. Geopolitical tensions persist, with Iran maintaining control of the Strait of Hormuz. In Spain, inflation reached 3.9%, driven by energy price increases. The Euro area's economic data will include GDP figures, expected to grow 0.4% quarter-over-quarter and 1% year-over-year. US Retail Sales are scheduled for July. EUR/USD is trading near 1.1529, maintaining a slightly bullish outlook as the price holds above key support levels. Momentum indicators suggest steady buying interest, with the 14-period Relative Strength Index at 57. Support is found near 1.1529, with resistance at 1.1849.",
  "summary": "The Euro holds firm above 1.1500 as inflation data in the US curbed Fed rate hike bets, as traders shifted from expecting a rate hike to a hold in the September 16 meeting, while investors await the release of economic growth figures in the European Union (EU).",
  "key_points": [
    "Euro stays above 1.1500 amid lower US inflation expectations",
    "US producer-side inflation slows to 4.7% and 4.2%",
    "Geopolitical tensions persist with Iran controlling Hormuz Strait"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "British Pound climbs as soft US inflation data hurt Fed hawkish bets",
        "url": "https://urgent.news/2026/08/13/british-pound-climbs-as-soft-us-inflation-data-hurt-fed-hawkish-bets",
        "published": "2026-08-13T15:52:25.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Gold declines as sliding US inflation reinforces Fed hold bets",
        "url": "https://urgent.news/2026/08/13/gold-declines-as-sliding-us-inflation-reinforces-fed-hold-bets",
        "published": "2026-08-13T23:50:44.000Z"
      }
    ]
  },
  "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."
}