EUR/USD Seems Fragile Below 1.1700 as Middle East War Boosts Energy Prices

EUR/USD seems fragile below 1.1700 as Middle East war boosts energy prices

The EUR/USD pair trades flat at around 1.1680 during the Asian trading session on Tuesday, but broadly seems vulnerable, being close to its five-week low.

EUR/USD Reacts to Geopolitics and Data: Week Opens Nervously - ActionForex

EUR/USD rose to 1.1790 on Monday. The US dollar attempted to strengthen, but part of its rally was subsequently pared back. Demand for safe-haven assets intensified over the weekend amid an escalation of the conflict in the Middle East. The US and Israel conducted strikes on Iran, resulting in the death of the country’s supreme […] The post EUR/USD Reacts to Geopolitics and Data: Week Opens Nervously appeared first on ActionForex.

EUR/USD Outlook: Oil Prices, Geopolitics & NFP in Focus

The EUR/USD pair recovers part of its early decline during Monday’s late Asian session, though it remains down around 0.25% near the 1.1780 level. Earlier in the session, the Euro came under heavy pressure against the US Dollar as investors rushed toward safe-haven assets following escalating tensions involving Iran, Israel, and the United States over […] The post EUR/USD trims intraday losses as oil surge offsets safe-haven demand for USD appea…