Euro holds ground against the US Dollar as traders weigh Middle East tensions and Fed outlook
• The EUR/USD pair is trading slightly higher on Friday, though the Euro remains on track for its second consecutive weekly loss. • The US Dollar's decline is being limited by a combination of geopolitical instability in the Middle East and a hawkish outlook from the Federal Reserve. • This trend highlights the market's current sensitivity to safe-haven assets and expectations regarding US interest rate trajectories.
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