EUR/USD attempts to come back from lows weighed by the risk-off market

  • The EUR/USD pair has bounced up from weekly lows at 1.1445 on Thursday and is trading at 1.1475 at the moment of writing, practically flat on daily charts. Fears of an escalation of the Israel-Iran war into a regional conflict are dampening risk appetite and weighing on the Euro in favor of safe assets such as the US Dollar.