EUR/USD steady as ECB eyes inflation target, German CPI in focus

After 129 past neutral macro events, Euro (USD per EUR) moved a median -0.1% over 5 sessions (45% higher; middle half -0.5% to +0.5%), and +0.1% over 20.

• Aug 30, 2024FX Daily: US and eurozone inflation in focus | articles | ING THINK0.0%
• Jul 8, 2021ECB tweaks inflation target, bolsters climate role | Reuters+0.2%
• Jul 26, 2024EUR/USD appreciates to near 1.0850 ahead of US PCE inflation — Octa-0.7%
• Dec 7, 2021Forex: where next for the Euro as inflation surges to 4.9%? | IG International+0.1%
• Jan 31, 2024EUR/USD gives up gains after soft German CPI | MarketPulse by OANDA Group-0.9%

After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% over 20.

• Aug 30, 2024FX Daily: US and eurozone inflation in focus | articles | ING THINK+0.2%
• Jul 26, 2024EUR/USD appreciates to near 1.0850 ahead of US PCE inflation — Octa+0.3%
• Jun 25, 2021Dollar steady after U.S. inflation data misses estimates+0.4%
• Jan 31, 2024EUR/USD gives up gains after soft German CPI | MarketPulse by OANDA Group+0.3%
• Sep 23, 2021BoE sees growing case for rate rise as inflation to stay higher for longer | Reuters+1.0%