eurusd sellEuro/US DollarFX:EURUSDOsamudiamehdxy has been weak , and as a result of the cpi data promting a rate cut The Fed primarily looks at Core CPI y/y Core CPI m/m (0.3% actual vs 0.3% forecast) → in line with expectations, shows underlying inflation is stable but still above the Fed’s 2% target when annualized. CPI m/m (0.2% actual vs 0.2% forecast) → also in line, meaning no immediate inflation surprise. CPI y/y (2.7% actual vs 2.8% forecast) → slightly softer than expected, which can be mildly USD bearish if the market thinks it gives the Fed room to cut rates sooner