Bearish
EUR/USD dips to 1.1435 amid US-Iran tensions and strong US labor data.
In the past 24 hours, EUR/USD declined by 0.28% to 1.1435, influenced by escalating US-Iran tensions and robust US labor market data. Additionally, rising oil prices have added inflationary pressures, further weighing on the Euro.
Key points
- Renewed US-Iran hostilities have heightened geopolitical risks, strengthening the US dollar.
- Stronger-than-expected US labor market data has bolstered the dollar's appeal.
- Surging oil prices have increased inflation concerns, negatively impacting the Eurozone economy.
Sources
- EUR/USD Dips Amid US-Iran Tensions and Resilient US Labor Market, Oil Prices SurgeInteractiveCrypto · July 18, 2026
- Dollar holds steady on safe-haven demand, ends down on the weekMarketScreener India · July 17, 2026
- EUR/USD Price Forecast: Sideways trading extends with 1.1480 holding bullsFXStreet · July 17, 2026
AI-generated from public news sources. Not financial advice.
