EUR/USD Weekly Forecast: War headlines and US inflation update to shape markets

The EUR/USD pair finished a second consecutive week a handful of pips above the 1.1500 level, seesawing between gains and losses in line with United States (US) President Donald Trump's rhetoric on the Middle East war. Hopes for a de-escalation in the Middle East are diluting, and markets are on alert.United States growth and inflation updates take center… The EUR/USD pair finished a second consecutive week a handful of pips above the 1.1500 level, seesawing between gains and losses in line with United States (US) President Donald Trump's rhetoric on the Middle East war. Hopes for a de-escalation in the Middle East are diluting, and markets are on alert.United States growth and inflation updates take center stage these days.EUR/USD is trapped in a range, while bears are waiting to return.The EUR/USD pair finished a second consecutive week a handful of pips above the 1.1500 level, seesawing between gains and losses in line with United States (US) President Donald Trump's rhetoric on the Middle East… 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.