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fxJun 22, 2026, 12:12 AM

Euro Falls to Near 1.1450 on US-Iran Deal Worries, Rate Expectations

EUR/USD slipped to around 1.1460 in early Asian trading as concerns over US-Iran peace talks and expectations of higher US interest rates boosted the safe-haven dollar.

EURUSD

The euro weakened against the US dollar during Monday's Asian session, with the pair trading near 1.1460. The decline comes amid renewed worries about the progress of US-Iran peace negotiations, which enhanced demand for the greenback as a safe-haven asset.

Additionally, market expectations that the Federal Reserve will keep interest rates elevated further supported the dollar. No major economic data releases are scheduled for the eurozone today. The next key resistance for EUR/USD is seen at 1.1500, while support lies around 1.1400.

Source: FXStreet Forex News