EUR/USD falls near 1.1500 on Middle East tensions
The EUR/USD pair is trading lower around 1.1500 due to escalating tensions in the Middle East.
The Euro has softened against the US Dollar as Iranian officials threaten retaliation against the US.
Stronger-than-expected GDP data from the Eurozone and Germany may lead to a second interest rate hike by the European Central Bank, potentially limiting the Euro’s losses.