EUR/USD rises above 1.1400 as USD loses ground
EUR/USD trades with a mild positive bias on Monday, climbing above 1.1400 as the US Dollar gives back earlier gains. The pair is currently around 1.1424 after recovering from an intraday low.
EURUSD
The euro strengthened against the US dollar on Monday, pushing EUR/USD above the 1.1400 level. The greenback lost its early momentum, allowing the pair to trade around 1.1424 at press time.
The move follows a recovery from an intraday low, though the exact driver for the USD weakness was not specified in the original report. Traders remain focused on broader dollar dynamics for further cues.
Source: FXStreet Forex News