It's hard to see the EUR/USD finding much traction in the near term unless we get a genuine shift in tone from Tehran. At the moment, markets are being whipped around by every headline tied to the Iran situation.
THE Euro managed to hold trades inside a trading zone as expected last week. Prices still face pressure towards the 1.1200 zone with resistances at 1.1655.
EUR/USD: Recovery faces fundamental doubts – Commerzbank
End-2026 EUR/USD Forecast 1.10 The Euro to Dollar (EUR/USD) exchange rate dipped sharply to 7-month lows near 1.1400 in the second week of March amid the spike in energy prices before rallying to near 1.16 as traders bet on a more aggressive ECB policy. The bank expects EUR/USD losses over the next 6-9 months with a slide to 1.10 as the.
When is the IFO German Survey and how could it affect EUR/USD?
EUR/USD: Range trading holds near 1.16 – Danske Bank
EUR/USD: Repricing supports cautious upside – Rabobank
EUR/USD remains subdued around 1.1600 as US-Iran peace remains uncertain
EUR/USD drifts higher above 1.1600 amid hopes on US-Iran peace talks
EUR/USD Price Forecast: RSI rebounds but bearish bias remains below 1.1600
The euro weakened against the US dollar as fresh economic data showed the Iran war is already dragging on Eurozone activity, with rising energy costs threatening both growth and inflation. Iran War Drags Down Data EU PMIs slid in March, with services dropping to a 10-month low of 50.5.
EUR/USD pares losses as US Dollar eases after PMI data