Geopolitical risks from US strikes on Iran weigh on the Euro, pushing the pair to 1.1540 in early trading.
The EUR/USD pair fell below 1.1550 to near 1.1540 during early Asian trading on Wednesday. Escalating Middle East tensions, following US self-defense strikes against Iran, pressured the Euro against the US Dollar.
Prior to the strikes, the pair had shown resilience, trading above 1.1550 in the previous session. Market sentiment shifted as investors sought safer assets amid heightened geopolitical uncertainty.
No immediate market reaction data was reported beyond the currency movement.