Gold Research
Euro advances as US Dollar weakens amid cooling Inflation
EUR/USD halts its three-day losing streak, trading around 1.1530 during the Asian hours on Thursday. The currency pair gains ground as the US Dollar (USD) faces challenges following the release of July's Consumer Price Index (CPI) report.
EUR/USD halts its three-day losing streak, trading around 1.1530 during the Asian hours on Thursday. The currency pair gains ground as the US Dollar (USD) faces challenges following the release of July's Consumer Price Index (CPI) report.
Gold impact rationale
A weaker U.S. dollar typically supports dollar-denominated gold.
- Source: FXStreet news
- 2026-08-13
- dollar
Topics: gold news, gold price impact, dollar