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Euro Near One-Month Low as US-Iran Risks Fuel Downside Bets - BLOOMBERG

FEBRUARY 20, 2026

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The euro is hovering near its lowest level in a month as the US positions forces for a potential strike on Iran, denting risk appetite and boosting the dollar.

The common currency has slid about 0.8% this week, its worst performance in three months, and is headed for its eighth decline in nine sessions. It is trading around $1.1765 in London, with the latest leg lower coming as oil prices hit a six-month high and the US increased pressured Iran to reach a deal over its nuclear program.


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