The euro-dollar exchange rate is looking to record a second consecutive daily advance, but we don't think it will get very far owing to the complicated geopolitical backdrop.
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Another soft week of trade beckons for the euro, but losses should be relatively contained.
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A top Commerzbank analyst doubts the euro-dollar recovery will last, warning markets may be too optimistic.
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But EUR/USD will recover if Trump backs down from threats to bomb Iranian electricity infrastructure.
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ING says EUR/USD will recover to 1.20 by year-end despite oil shock headwinds.
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Iran's conflict is shifting the near-term dollar outlook bullish, Deutsche Bank's top FX analyst warns.
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The euro starts the new week with a bid against the dollar, but global risks point to another challenging week ahead.
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