EURUSD

EURUSD is moving around the 1.1162 pivot level and is trying to hold above this level. The US CPI data coming close to expectations has created limited volatility in the pair. The difference between expectations for an ECB rate cut and the Fed's more cautious stance continues to be decisive for the pair. In downward movements, the 1.1131 and then 1.1052 levels will be monitored. The German CPI data to be announced today will be directionally significant for the pair.