EUR/USD weekly outlook: US-Iran and oil prices remains in focus

This weekly EUR/USD outlook article was written after the London close but before the close of play on Friday, and it was therefore subject to some potential volatility before the weekend. At the time of writing, the EUR/USD was trading near its session highs and was on track to post its second consecutive weekly gain after climbing back on Friday, despite the wobble on Thursday when the US and Iran exchanged strikes in the Strait of Hormuz.