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fxJul 8, 2026, 1:18 AM

EUR/USD Struggles Above 1.1400 as US-Iran Tensions Boost Dollar

EUR/USD holds above 1.1400 but fails to attract buyers as renewed US strikes on Iran support the US dollar ahead of the FOMC minutes.

EURUSD

The EUR/USD pair is trading just above the 1.1400 mark during the Asian session on Wednesday, but it is struggling to find meaningful buying interest.

Renewed US military strikes on Iran have increased safe-haven demand for the US dollar, keeping the euro under pressure.

Traders are now focusing on the upcoming release of the Federal Open Market Committee (FOMC) minutes for clues on the future path of US interest rates, which could further influence the pair.

Source: FXStreet Forex News