Donald Trump Signals Talks as EUR/USD Watches Key Support

Recent updates from Donald J. Trump show that the US is discussing negotiations with Iran, but there is still no confirmed deal yet. At the same time, the US has delayed strikes on Iran’s energy infrastructure again, which suggests both sides are trying to avoid a bigger conflict. Strong warning statements from both countries appear mostly aimed at keeping a strong political position in public.

For markets, the Strait of Hormuz remains the biggest risk. Shipping is still not fully normal, which keeps oil prices supported and also supports the US dollar.

For EUR/USD, the pair has been falling because markets were worried about war escalation. However, the decline has been slow because investors are watching real actions rather than statements. The 23 March low remains the key level. A close below that level on the daily timeframe could push the pair lower. If negotiation hopes improve and tensions ease, EUR/USD may move higher.

EUR/USD Daily Chart

In short

Trump confirmed discussions but no deal yet

Strike delays suggest both sides want to avoid escalation

Hormuz risk still supporting oil and the dollar

EUR/USD direction depends on the 23 March low