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02 Jun 2026

Eurozone Core Inflation Rises Above Expectations – EUR/USD Reacts Lower

Eurozone core inflation rose to 2.5% in May, slightly above expectations, signaling persistent underlying price pressures despite broader moderation in monthly data.

The headline HICP also remained steady, but the mixed inflation picture has triggered a mild downside reaction in the Euro.
EUR/USD slipped toward 1.1640, as traders reassess the inflation outlook and its implications for future European Central Bank policy direction.
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