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fxJun 12, 2026, 5:21 PM

EUR/USD Steady as Market Awaits US-Iran Peace Deal Clarity

EUR/USD trades around 1.1573, fluctuating between modest gains and losses as traders await Tehran's decision on a potential agreement with the US to end the Middle East conflict.

EURUSD

The euro is holding steady against the US dollar heading into the weekend, with EUR/USD fluctuating between modest gains and losses near 1.1573. Traders are awaiting clarity on a possible US-Iran peace deal that could end the war in the Middle East.

The pair is on track to post modest weekly changes as the market remains in a wait-and-see mode. No further details on the timing or terms of a potential agreement have been released.

Source: FXStreet Forex News