0959 GMT - The euro is likely to struggle to sustain any recovery attempts against the dollar as energy prices remain elevated due to the Iran war, Commerzbank's Thu Lan Nguyen says in a note. Eurozone and U.S. interest rate expectations have risen roughly in tandem, suggesting the euro should trade steady versus the dollar rather than higher, she says. The eurozone is also "far more exposed to the current energy price shock than is the case for the U.S." While European Central Bank policymakers have expressed concerns over inflation risks, doubts over any rate rises could grow if there are more signs of a weakening economy, she says. The euro falls 0.1% to $1.1595. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
March 25, 2026 06:00 ET (10:00 GMT)
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