Gold Research

Euro struggles to extend gains as Iran war supports US Dollar

EUR/USD trades around 1.1415 at the time of writing on Wednesday, up 0.15% on the day, but its recovery remains limited after failing to break above 1.1420.

EUR/USD trades around 1.1415 at the time of writing on Wednesday, up 0.15% on the day, but its recovery remains limited after failing to break above 1.1420.

Gold impact rationale

Rising geopolitical risk strengthens gold's defensive appeal.

  • Source: FXStreet news
  • 2026-07-22
  • geopolitics

Topics: gold news, gold price impact, geopolitics