EUR/USD weakens below 1.1700 as traders brace for US CPI data, US-Iran peace talks

The EUR/USD pair trades in negative territory around 1.1690 during the early Asian session on Friday. The Euro (EUR) weakens against the US Dollar (USD) as traders remain cautious about whether a fragile two-week ceasefire between the United States and ‌Iran would hold. EUR/USD softens to near 1.1690 in Friday’s early Asian session. A US delegation is preparing for… The EUR/USD pair trades in negative territory around 1.1690 during the early Asian session on Friday. The Euro (EUR) weakens against the US Dollar (USD) as traders remain cautious about whether a fragile two-week ceasefire between the United States and ‌Iran would hold. EUR/USD softens to near 1.1690 in Friday’s early Asian session. A US delegation is preparing for peace talks in Islamabad, Pakistan, on Saturday. Traders await the US March CPI inflation report on Friday for fresh impetus.  The EUR/USD pair trades in negative territory around 1.1690 during the early Asian session on Friday. The Euro (EUR) weakens against the US Dollar (USD) as traders remain cautious about whether a fragile two-week ceasefire between… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.