Euro Strengthens Against USD

EUR/USD pair gains ground to near 1.1535 The EUR/USD pair rose during the early Asian session on Friday. The US Dollar softened against the Euro following a softer-than-expected US inflation report. The US July Retail Sales data will be released later on Fr

EUR/USD pair gains ground to near 1.1535

The EUR/USD pair rose during the early Asian session on Friday.

The US Dollar softened against the Euro following a softer-than-expected US inflation report.

The US July Retail Sales data will be released later on Friday, while wholesale costs for goods and services in the US were flat in July, with the core Producer Price Index rising 0.2%, below the market consensus of a 0.3% gain.

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