EUR/USD remains under pressure as the US Dollar (USD) bounces back after traders pare Federal Reserve (Fed) large rate cut bets for November.

The euro zone's annual inflation rate fell to its lowest level in three and a half years in September, dropping below the European Central Bank's 2% target and fuelling expectations of a rate cut.

Euro zone inflation fell to 1.8%, below the European Central Bank's target rate, in September, flash data from statistics agency Eurostat showed Tuesday.

The eurozone's annual inflation rate fell to its lowest level in three-and-a-half years in September, official data showed Tuesday, dropping below the European Central Bank's two-percent target and fuelling expectations of a rate cut. The slowdown in inflation comes after energy prices fell sharply by 6.0 percent in September, compared with a drop of 3.0 percent in August, Eurostat data showed.

Eurozone inflation fell below the European Central Bank's 2% target for the first time since 2021, boosting hopes of further interest rate cuts in the single currency bloc.

JAKARTA :Indonesian prices rose at their slowest rate in almost three years in September as the pace of food-price inflation eased, giving the central bank ample room to loosen monetary policy to stimulate economic growth.Annual inflation reached 1.84 per cent, Statistics Indonesia said on Tuesday. That was t

The EUR/USD pair struggles to gain any meaningful traction following the previous day's pullback from the vicinity of the 14-month peak – levels just above the 1.1200 mark and oscillates in a narrow band during the Asian session on Tuesday.

Shop prices continued to move into deflation in September, with a year-on-year decline of 0.6%, according to the British Retail Consortium-NielsenIQ Shop Price Index on Tuesday.

The eurozone's annual inflation rate fell to its lowest level in three-and-a-half years in September, official data showed Tuesday, dropping below the European Central Bank's two-percent target and fuelling expectations of a rate cut. The slowdown in inflation comes after energy prices fell sharply by 6.0 percent in September, compared with a drop of 3.0 percent in August, Eurostat data showed.

JAKARTA :Indonesian prices rose at their slowest rate in almost three years in September as the pace of food-price inflation eased, giving the central bank ample room to loosen monetary policy to stimulate economic growth.Annual inflation reached 1.84 per cent, Statistics Indonesia said on Tuesday. That was t

ISLAMABAD : Pakistan's annual consumer price inflation slowed to 6.9 per cent in September, data showed on Tuesday, the lowest in more than three years, as the government seeks to implement IMF conditions that many households fear will hit them hard financially.Annual inflation had slowed the previous mon

The EUR/GBP cross trades on a flat note around 0.8330 on Tuesday during the early European session.

The two-year EUR:USD swap rate continued to widen in favour of the dollar yesterday, and is now around -110bp, some 25bp below the -85bp mid-September levels, ING’s FX strategist Francesco Pesole notes.

Pakistan's Consumer Price Index inflation slumped to 6.9% year-on-year in September, its lowest since January 2021 and down from 9.6% in August, data from the Pakistan Bureau of Statistics showed...

(Bloomberg) — Indonesia’s consumer prices rose at their slowest pace in nearly three years, making it likely the central bank could consider more easing this month amid easing food and fuel costs and growing concerns about tepid consumer demand.

EUR/USD cycled familiar territory to kick off the new trading, holding north of the 1.1100 handle but failing to find any new territory on the high end.

The Pound Sterling’s recent strength has partly relied on the ‘no news is good news’ narrative, as quiet calendars allowed markets to look elsewhere for easing bets while happily keeping the Bank of England in the group of relatively hawkish outliers, ING’s FX strategist Francesco Pesole notes.

French and Spanish inflation figures surprised on the downside on Friday, coming in at 1.2% and 1.5% respectively.

Inflation in Germany, as measured by the change in the Consumer Price Index (CPI), declined to 1.6% on a yearly basis in September from 1.9% in August, Destatis reported.

EUR/USD gains but struggles to extend the upside above the key resistance of 1.1200 in Monday’s North American trading session.

EUR/GBP retraces its recent gains from the previous session, trading around 0.8340 during the Asian hours on Monday.

The EUR/USD pair struggles to capitalize on Friday's modest rebound from the 1.1125-1.1120 support area and kicks off the new week on a subdued note.

(Bloomberg) — Poland’s inflation accelerated for a sixth month running in September, hitting a fresh 2024 high and cementing expectations for no interest rate cuts until next year.