US Dollar Slips on Softer CPI Data. Forecast as of 15.07.2026

The sharp slowdown in US inflation has significantly reduced expectations that the Fed will tighten monetary policy in July, putting pressure on the US dollar. However, it is still too early for EUR/USD bulls to celebrate. Let's examine the key drivers and develop a trading plan.Major Takeaways The EUR/USD pair has surged following the US CPI report. The conflict in the Middle East is continuing. Kevin Warsh intends to correct the Fed's mistake. Long positions can be increased if the EUR/US