ONTRADE Forex

EUR/USD Price Forecast: Hopes for a Middle East ceasefire weigh on the US Dollar

EUR/USD Price Forecast: Hopes for a Middle East ceasefire weigh on the US Dollar
Risk aversion took over financial markets at the beginning of the week, as United States (US) President Donald Trump threatened to destroy Iran’s infrastructure by the end of the ten-day truce if the country does not reopen the Strait of Hormuz by Tuesday, 8:00 pm Eastern time.

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