EUR/USD remains subdued for the third successive day, trading around 1.1500 during the Asian hours on Tuesday. The pair continues to hold losses as the US Dollar (USD) finds support from ongoing uncertainty in the Middle East, despite lingering hopes for a diplomatic breakthrough between the United States (US) and Iran. Any signs of escalating tensions between the two nations could drive crude oil prices higher, potentially prompting the Federal Reserve (Fed) to hold interest rates at elevated levels for longer.
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