Bearish
EUR/USD drops to 17-month low at 1.1135 amid US inflation surge
In the past 24 hours, EUR/USD has declined to a 17-month low of 1.1135, influenced by a higher-than-expected US core CPI of 2.6% and a widening US-German 10-year yield spread. These factors have intensified the dollar's strength, pressuring the euro.
Key points
- US core CPI rises to 2.6%, bolstering dollar strength.
- US-German 10-year yield spread widens to 182 basis points.
- EUR/USD tests 1.1135 support; potential for further downside.
Sources
- EUR/USD Price Forecast — EUR/USD (1.1135) Hot 3.7% US CPI Pushes Euro to 17-Month Low — 1.1000 Target on 1.1135 BreakTradingNews · October 14, 2026
- Devisen: Euro fällt auf tiefsten Stand seit Mai 2025 - US-Inflation belastetboersennews.de · October 14, 2026
- EUR/USD Hits 17-Month Low Near. Why the Euro Keeps Losing to the DollarBeInCrypto · October 12, 2026
AI-generated from public news sources. Not financial advice.
