empty
 
 

2026.03.3007:38:19UTC+00Euro Heads for Over 2% Monthly Loss as Middle East Risks Weigh

The euro held steady at $1.15 at the end of March, on track for a monthly loss of more than 2% against the US dollar. Risk assets were sold off as worries grew over the economic fallout from the escalating conflict in the Middle East, amid reports that thousands of US troops were preparing for a possible ground operation, despite Washington’s insistence that diplomatic talks with Iran remained on track. Investors also shifted their focus to a raft of key economic releases due this week, including flash inflation estimates for March from Europe’s largest economies. Market sentiment on ECB policy has turned sharply more hawkish, with traders now pricing in at least two interest rate hikes this year and an increasing likelihood of a third, a stark reversal from earlier expectations that had implied a 40% probability of a rate cut in 2026.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback