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fxJun 19, 2026, 5:30 AM

EUR/USD Weakens Below 1.1450 as Safe-Haven Dollar Gains

EUR/USD slipped to around 1.1425 in early European trading Friday, pressured by safe-haven demand for the US dollar amid US-Iran peace deal uncertainty.

EURUSD

The EUR/USD pair edged lower, trading near 1.1425 during early European hours on Friday. The decline comes as the US dollar benefits from safe-haven flows driven by lingering uncertainty around the US-Iran peace deal.

Technical indicators show the pair is in oversold territory, with the RSI pointing to bearish momentum. The euro remains under pressure as geopolitical risks support the greenback.

No major eurozone data is scheduled for release today, leaving the pair sensitive to headlines on the Iran negotiations and broader risk sentiment.

Source: FXStreet Forex News