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fxAug 18, 2026, 1:15 AM

Euro flat lines below two-month low as oil-driven inflation fears support USD

EUR/USD is holding around 1.1575–1.1580 in Asian trading on Tuesday, steady below its two-month low as oil-driven inflation concerns underpin the dollar.

EURUSD

EUR/USD is trading near the 1.1575–1.1580 region during the Asian session on Tuesday, according to the source. The pair has steadied after the previous day's modest pullback from a two-month low.

Oil-driven inflation fears are supporting the US dollar, keeping the euro flat below that two-month low for now.

Source: FXStreet Forex News