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Euro declines below 1.1450 on US-Iran peace deal uncertainty, traders await Eurozone, US PMI data

Euro declines below 1.1450 on US-Iran peace deal uncertainty, traders await Eurozone, US PMI data

Source Summary

The EUR/USD pair trades with mild losses around 1.1425 during the early European session on Tuesday. The US Dollar (USD) edges higher against the Euro (EUR) amid risk-off sentiment and a hawkish Federal Reserve (Fed) stance.

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