The EUR/USD pair trades with a mild negative bias during the Asian session, and looks to extend the previous day’s retracement slide from levels just above mid-1.1700s. The uncertainty over the second round of US-Iran peace talks underpins the safe-haven US Dollar, which is seen as a key factor acting as a headwind for spot prices. The USD bulls, however, seem hesitant and opt to wait for the outcome of a two-day FOMC policy meeting on Wednesday before placing aggressive bets. This assists the EUR/USD pair to hold above the 1.1700 round-figure mark.
Source: https://www.fxstreet.com/news/sweden-trade-balance-mom-rose-from-previous-18b-to-93b-in-march-202604280600
