EUR/USD rose to 1.1717 on Wednesday, snapping a three-day losing streak. Pressure on the US dollar stems from growing expectations that the US will reach a negotiated settlement with Iran, reducing demand for the USD as a safe-haven asset. US authorities have confirmed that the truce, now in effect for nearly a month, remains intact. […]
The post EUR/USD: US Dollar Weakens Amid Geopolitical Optimism appeared first on ActionForex.
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