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Back Fundamental analysis
EUR/USD pauses as markets wait for Trump's ultimatum decision
The FX market is frozen, awaiting
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The FX market is frozen, awaiting the resolution of this week's key intrigue. Today, the deadline of Donald Trump's ultimatum to Iran expires, and it will become clear whether the current conflict will escalate into a new wave of hostilities or whether the parties will agree to a temporary ceasefire and sit down at the negotiating table. Time is short, and therefore EUR/USD traders have adopted a defensive stance. The pair is trading in a narrow range for the second day
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Irina Manzenko,
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