Euro Drifts as Eurozone Data Mixed, US CPI Report Awaited =============== #191fec04 ver:1.24 The euro is rising against the US dollar despite mixed Eurozone data and a hotter-than-expected US PPI report. EUR/USD aims to settle above 1.0800 resistance, while the US Dollar Index falls to 105.00 support. Germany's economic sentiment is growing, and the upcoming speech by Federal Reserve Chair Powell may provide hints on potential rate cuts. USD/NOK is trading lower, and the US CPI report will shape expectations for the next Fed decision. The dollar slipped after an unexpected increase in US producer prices, and traders adjusted their expectations for rate cuts. Eurozone GDP and industrial production are on the rise. #Euro #USD #PPI #inflation #Fed #economy... #newstr #Eur/usd #Usd/nok #UsPpi #UsCpi #EurozoneEconomy #Euro https://here.news/story/191fec04?ver=1.24