Netherlands International: The euro has risen, but the increase may be limited.

On June 20, Francesco Pesole, an analyst at ING, said in a report that as the market digested some of the geopolitical risks posed by the exchange rate, the euro rebounded above the key 1.15 against the dollar, but the gains should still be limited. It comes after news that Trump will decide within two weeks whether the United States will directly intervene in the Israeli-Iran conflict, which eases fears of immediate action by the United States. The situation in the Middle East remains too volatile to make a strong directional forecast for EURUSD, but the overall risk of US joining the conflict could keep EURUSD from retesting 1.1600 in the coming days.