# EUR/USD steadies below 1.1100 as Eurozone, US inflation looms: Analytics and Market news from 30 August 2024 07:25

> EUR/USD traded in a tight range below 1.1100 ahead of the Eurozone flash HICP and US PCE releases. Analysts expected euro-zone headline inflation to fall to 2.2% from 2.6%, boosting ECB September cut expectations.

- Date: 2024-08-30 · published 2024-08-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/29014-eur-usd-steadies-below-1-1100-as-eurozone-us-inflation-looms-analytics-and
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Pre-release currency positioning reflects rate-cut bets and has no direct effect on feed commodity supply or demand.

## Read by commodity

- EURUSD: neutral

## Sources

- teletrade.org: https://www.teletrade.org/analytics/market-analysis/market-news/3990032

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.