EUR/USD tumbles to lows near 1.1840 on US CPI

The selling pressure around the shared currency is now gathering further traction, forcing EUR/USD to test fresh daily lows near 1.1840. EUR/USD weak
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CME Group FedWatch's Dec hike probability rose above 50% on CPI

The probability of a 25 bps rate hike in December rose to 51%, according to the CME Group FedWatch tool, which calculates unconditional probabilities
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