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fxJun 8, 2026, 11:52 AM

Euro Bounces from Three-Month Lows as Focus Turns to Middle East

EUR/USD rebounded to 1.1540 after hitting a three-month low of 1.1505, with traders eyeing geopolitical developments in the Middle East.

EURUSD

EUR/USD recovered from a three-month low of 1.1505 to trade at 1.1540 during Monday's US session, snapping a recent losing streak.

The bounce comes as market attention shifts to escalating tensions in the Middle East, a key factor driving risk appetite and dollar flows. The euro had been under pressure amid concerns over regional instability and monetary policy divergence.

Traders now watch for further cues from geopolitical headlines and any central bank commentary that could influence the pair's direction.

Source: FXStreet Forex News