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News 2026-07-13 12:21 UTC

EUR/USD Holds Higher Despite Renewed US-Iran Hostilities, Hormuz Closure

() -- The euro held higher against the US dollar on Monday despite renewed US-Iran hostilities and Iran's continued Strait of Hormuz closure, as rising oil prices lifted inflation expectations, supporting the euro even while safe-haven demand kept the US dollar broadly resilient. In Monday's G10 trading, the euro remai