Current Status of EUR/USD

As the Asian session unfolds, the EUR/USD pair slips to 1.1465. This decline can be attributed to an overall risk-off sentiment impacting the Euro’s strength versus the US Dollar (USD) today.

Factors at Play in Euro and Dollar Dynamics

Geopolitical tensions in the Middle East heavily influence the currency market. Events surrounding central banks also add significant weight to currency trading decisions.

What to Expect Ahead

All eyes now turn to Christine Lagarde’s upcoming speech. This could serve as a crucial turning point for the Euro as traders react to new guidance.