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EUR/USD. Weekly Preview. The Fate of the Greenback Will Be Decided in Islamabad
The euro-dollar pair is struggling to
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The euro-dollar pair is struggling to determine its direction. On Friday, traders set a two-month high at 1.1850. However, on the same day, the pair fell nearly 100 points, closing at 1.1766 on Friday. This was due to conflicting geopolitical signals.Market participants were forced to make trading decisions against a backdrop of contradictory news: signals of rapproachment between the U.S. and Iran alternated with signs of distancing. The "open" Strait of Hormuz lasted less than a day before Tehran closed
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