EUR/USD Slips as Washington's Action Against Tehran Lifts Dollar
The euro slipped against the US dollar on Tuesday as fresh US strikes on Iran lifted safe-haven dollar demand, while rising oil prices revived inflation concerns and kept traders focused on June FOMC minutes for the next policy signal, due later in the day. In Wednesday's G10 trading, the euro showed mixed performance among other currencies. The next major highlight for the euro will be the Balance of Trade for May, due on Thursday. The EUR/USD pair was trading at 1.13982, with a 0.12% decline during Wednesday's American session at the time of writing.
The euro slipped against the US dollar on Tuesday as fresh US strikes on Iran lifted safe-haven dollar demand, while rising oil prices revived inflation concerns and kept traders focused on June FOMC minutes for the next policy signal, due later in the day.
In Wednesday's G10 trading, the euro showed mixed performance among other currencies.
The next major highlight for the euro will be the Balance of Trade for May, due on Thursday.
The EUR/USD pair was trading at 1.13982, with a 0.12% decline during Wednesday's American session at the time of writing.