EUR/USD drifts higher above 1.1650 as US CPI data support Fed rate cut bets
Published 2 months ago
Aug 13, 2025 at 3:59 AM
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The EUR/USD pair gains momentum to around 1.1685 during the Asian trading hours on Wednesday. The US Dollar (USD) weakens against the Euro (EUR) amid rising bets of a Federal Reserve (Fed) rate cut in September.