EUR/USD Edges Higher After US-Iran Preliminary Deal
The euro drifted above 1.1450 as the US and Iran signed an initial agreement to end hostilities, snapping a two-day losing streak.
EURUSD
The EUR/USD pair climbed to near 1.1460 during early Asian trading, recovering from a two-day decline. The move followed news that the United States and Iran have signed a preliminary agreement to end their ongoing conflict.
The agreement, while initial, provided a boost to risk appetite, weighing on the safe-haven US dollar and lifting the euro. Traders will now watch for further diplomatic developments and any impact on broader forex markets.
Source: FXStreet Forex News