💱Euro/US Dollar FX Spot Rate
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ECB President Lagarde downplayed second-round inflation concerns, reducing hawkish expectations, while USD strengthened on Iran optimism.
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The euro fell 0.37% against the US dollar on Monday amid positive news on US-Iran talks and comments from ECB President Lagarde that surprised investors by playing down second-round inflation concerns.
ECB President Lagarde downplayed second-round inflation concerns, reducing hawkish expectations, while USD strengthened on Iran optimism.