EURUSDEuro / US Dollar
1.1637
-0.10%
SUPPORT:1.1581.152
RESISTANCE:1.1691.174
Past
What happened
EUR/USD idled at 1.1637 (-0.1%) as a firmer dollar on renewed US-Iran strike headlines offset soft US data; ECB's Schnabel talked up the euro's reserve role.
Why
Why it matters
With DXY at 99.2 the dollar stays structurally soft, but the 4.7% oil spike revives an inflation-risk premium that helps the dollar tactically, capping euro upside.
Watch
What to watch
Tuesday's US JOLTS job openings sets the tone into Friday's payrolls; a hot print pressures 1.1580, a miss reopens 1.1690.
HEADLINES
- Rising stablecoin use could cement dollar dominance, ECB's Schnabel saysReuters
- Treasury Yields, Dollar Recover as U.S.-Iran Deal Fails to MaterializeThe Wall Street Journal
- Dollar Falls as Crude Oil RetreatsBarchart
- Dollar climbs as US strikes on Iran dent ceasefire optimismReuters
- Yen ‘Grossly Undervalued’ Versus Dollar, Should StrengthenThe Wall Street Journal