EURUSDEuro / US Dollar
1.1633
-0.08%
SUPPORT:1.1581.15
RESISTANCE:1.1681.175
Past
What happened
EUR/USD held the 1.16 handle, drifting lower by single-digit pips as broad dollar softness from US-Iran Hormuz deal optimism barely moved the needle.
Why
Why it matters
DXY at 99.10 reflects risk-on dollar selling, but the euro is a passive beneficiary — no ECB story of its own to push it through resistance.
Watch
What to watch
1.1680 caps any rally; loss of 1.1580 opens 1.1500. EZ confidence data tomorrow is the next macro pulse.
HEADLINES
- Dollar drifts lower as oil falls on Hormuz deal optimismReuters
- The WSJ Dollar Index Rises 0.02% to 95.80The Wall Street Journal
- Treasury Yields Lose Steam But Still Rise on Hopes of Hormuz DealThe Wall Street Journal
- Energy shock from Iran war to weigh on Europe's growth, boost inflationAssociated Press
- High Energy Prices Are Weighing on the EU Economy. Sell the Euro Here.Barchart