EUR/USD holds gains above 1.1800 amid Middle East ceasefire hopes

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The EUR/USD pair holds positive ground near 1.1805 during the early Asian session on Thursday. The Euro (EUR) edges higher against the US Dollar (USD) amid risk-on sentiment, bolstered by optimism over the ceasefire between the US and Iran.

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/ The EUR/USD exchange rate is holding steady above 1.1800 due to positive market sentiment.
/ Optimism over a potential ceasefire between the US and Iran is driving risk-on sentiment.
/ The Euro is gaining against the US Dollar in early Asian trading.

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EUR/USD holds gains above 1.1800 amid Middle East ceasefire hopes

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