The Euro opened last week under pressure as investors flocked to the safety of the US Dollar following a U.S. ultimatum for Iran to reopen the Strait of Hormuz. This heightened risk of conflict in the ...

The euro remains one of the stronger performers among G10 currencies despite the setback, with losses coming in the context of broad-based US dollar strength rather than euro-specific weakness.

The Euro to Dollar exchange rate (EUR/USD) is trading around 1.1789, little changed on the week and not far from where it started the year. That relative calm masks what has been a volatile stretch ...