EUR/USD Weekly Forecast: Stagflation fears mount as Iran conflict remains unsolved
The EUR/USD pair finished the last week of May at around 1.1660, barely up compared to the previous week’s close.

The EUR/USD pair finished the last week of May at around 1.1660, barely up compared to the previous week’s close.
Another apathetic week saw the US Dollar (USD) retreat modestly, although not by much.
The British Pound (GBP) reversed course and posted a weekly loss against the US Dollar (USD), with 1.3500 remaining a tough nut to crack for buyers.
Gold (XAU/USD) dropped to its lowest level in two months but managed to erase a large portion of its weekly losses.
The USD/JPY exchange rate at 160 represents the most dangerous level in the foreign exchange market, serving as a critical political and economic threshold where Japanese authorities have repeatedly stepped in to halt the currency’s decline.
Gold is struggling to extend the previous rebound from two-month lows of $4,367 early Friday, challenging offers once again above $4,500, while on track to book another weekly loss.