Investors remain cautious ahead of Tehran’s response to a potential US-Iran agreement, keeping the euro-dollar pair rangebound.
EUR/USD trades near 1.1573, showing little movement as markets await clarity on a possible US-Iran peace deal. The pair has fluctuated between modest gains and losses, reflecting investor caution before Tehran’s decision on the proposed agreement to end regional conflict.
The euro-dollar pair is on track for a modest weekly change, with traders balancing geopolitical risks against broader macroeconomic trends. Earlier sessions saw limited volatility as participants avoided large positions ahead of key developments.
No immediate market reaction has been observed, with focus shifting to weekend updates from diplomatic channels.