EUR/USD Edges Lower as US Dollar Recovers from Intraday Lows

EUR/USD traded lower on Monday, giving up earlier gains as the US dollar rebounded from intraday lows. The pair was seen around 1.1408 at the time of writing, easing from an intraday high reached earlier in the session.

The move reflects shifting market sentiment, with traders alternating between risk-on and risk-off positions. The dollar’s recovery weighed on the euro, pushing the pair back toward the flat line for the day.

No additional data or catalysts were cited in the report, leaving the price action driven primarily by flows and sentiment swings.