1428 GMT - The euro remains under pressure against dollar as Iran shows little appetite for compromising with the U.S. in the Middle East conflict, City Index analyst Fawad Razaqzada says in a note. The U.S. sent Iran a 15-point plan--which Iran has been dismissive of--to end the war, the WSJ reports. The euro is unlikely to recover much versus the dollar in the near term unless there's a genuine shift in tone from Iran, Razaqzada says. "Positioning for a quick resolution feels premature." Iran's leverage through rising energy prices arguably outweighs military pressure from the U.S. and its allies, keeping a lid on any euro-dollar gains, he says. The euro falls 0.3% to $1.1573. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
March 25, 2026 10:28 ET (14:28 GMT)
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