MARKETS16:23 UTC1d ago 1 min readSource: FXStreet

EUR/USD edges higher as US-Iran talk hopes weigh on the US Dollar

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EUR/USD edges higher as US-Iran talk hopes weigh on the US Dollar
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EUR/USD regains ground on Wednesday, erasing earlier losses as the US Dollar (USD) continues to weaken, allowing the Euro (EUR) to extend gains for an eighth consecutive day amid improving risk sentiment driven by hopes of renewed US-Iran talks.

AI Executive Brief
  • / EUR/USD rises as the US Dollar weakens, driven by hopes of US-Iran talks.
  • / The Euro extends gains for an eighth consecutive day.
  • / Improving risk sentiment contributes to the Euro's strength.

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