Dutch International: Euro Faces Risk of Decline, Affected by Uncertainty in Iran Conflict.

Francesco Pesole of the Dutch international group said in a report that the euro may continue to be under pressure due to the uncertainty of whether the United States and Iran can reach a peace agreement. He said that hopes of new talks between the US and Iran briefly boosted the euro above 1.18 dollars on Tuesday, but to sustain the euro at this level, a clearer peace plan is needed. He said that currently there is a lack of this clarity. Currently, the "risk appears to be more biased towards the downside", but if negotiations make tangible progress, it is still possible for the euro to rise above 1.1850 dollars before the end of this week. According to data from the London Stock Exchange Group, the euro fell by 0.1% to 1.1782 dollars, having reached 1.1811 dollars on Tuesday, the highest level since the conflict began on February 27th.