EUR/USD may have bottomed as markets anticipate reduced geopolitical risks, with a move above 1.15 dependent on Fed policy shifts.
EUR/USD could rebound toward 1.15 if markets maintain optimism about geopolitical de-escalation, according to recent analysis. The pair may have found a near-term bottom last week under these conditions.
A sustained move above 1.15 would require a dovish repricing of Federal Reserve expectations and stabilized risk sentiment. The currency pair has faced pressure amid shifting monetary policy outlooks and global uncertainty.
No immediate market reaction was specified, but the outlook hinges on upcoming economic data and Fed communications.