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Euro steadies as Middle East strikes offsets Fed repricing

The Euro holds firm against the US Dollar on Wednesday as hostilities in the Middle East continued, with the US attacking Iran for the second straight day at around the Strait of Hormuz. At the time of writing, the EUR/USD trades at 1.1420, after bouncing off daily lows of 1.1391.

Bullish · EUR/USD fxstreet news Wed, 08 Jul 2026 22:07:23 UTC

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