EUR/USD Drops Below 1.1550: Risk Aversion Rises

The EUR/USD currency pair broke below the key 1.1550 level, pulling back from a four-day winning streak. Currently trading around 1.1530, this shift comes as the US Dollar gains traction amid increased safe-haven demand.

Market traders are responding to rising tensions in the Middle East, leading many to shift towards the more stable US Dollar. This trend underscores the impact of global events on currency trading.

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