ECB Holds Rates as Oil Surge from Iran Tensions Threatens Euro
ECB likely holds rates at 2.25%, awaiting September data amid US-Iran tensions pushing Brent toward $100/barrel, which could revive inflation risks and pressure the euro.
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ECB likely holds rates at 2.25%, awaiting September data amid US-Iran tensions pushing Brent toward $100/barrel, which could revive inflation risks and pressure the euro.
Oil prices ease after IEA's historic strategic reserve release proposal amid Middle East conflict. Dollar gains as safe haven while EURUSD weakens on inflation concerns and geopolitical risks ahead o…