Euro futures regained momentum and moved higher, trading at the 1.174 level after two days of selling pressure. This upward movement was driven by a couple of factors. The ECB's decision to hold rates steady, a move that was widely expected, provided stability. Additionally, the release of US CPI data, which was in line with expectations, coupled with a lower-than-anticipated PPI reading, put pressure on the US dollar. As a result, the Euro held onto its strength and is now trading near the top of its one-month range. Meanwhile, the Australian dollar is also showing significant relative strength, trading at its highest level since last November.