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24 Aug 2026 · 16:30 GMT+3

Euro holds ground as US Dollar steadies, markets brace for Iran sanctions

EUR/USD trades flat on Monday as the US Dollar (USD) steadies and markets settle into a calmer tone following the sharp volatility triggered by the US Treasury’s surprise buyback announcement last week. At the time of writing, the pair trades around 1.1670, hovering near levels last seen in mid-May.

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