Euro Rises Above 1.1500 On US-Iran Peace Deal

Euro strengthens against USD on improved risk sentiment The EUR/USD pair recovered near 1.1515 in early Asian trading. The US-Iran peace agreement boosted riskier assets, including the Euro. The US Federal Reserve held its benchmark federal funds rate at 3.

Euro strengthens against USD on improved risk sentiment

The EUR/USD pair recovered near 1.1515 in early Asian trading.

The US-Iran peace agreement boosted riskier assets, including the Euro.

The US Federal Reserve held its benchmark federal funds rate at 3.5% to 3.75% and signaled potential higher rates, which may lift the USD.

Leave a Reply

Your email address will not be published. Required fields are marked *