From Investing.com: 2025-05-14 07:23:00

EUR/USD rose to 1.12 despite cooler German inflation, with German CPI easing to 2.2% and US CPI cooling to 2.3%. The euro recovered due to USD weakness from lower than expected US inflation data. The Fed left rates unchanged. The USD found support from US-China trade truce news. The FTSE 100 and European peers held steady on Wednesday amid mixed corporate results. Burberry shares jumped while Imperial Brands fell. The FTSE recovered from a low of 7535 to around 8600. Buyers need to break above 8650, while sellers need to break below 8525. OPEC’s market report could influence oil prices and oil majors on the FTSE.



Read more at Investing.com: EUR/USD Climbs on US CPI Miss, but June ECB Meeting Could Cap Gains