Euro jumped to a one-week high against the US dollar on Tuesday as renewed optimism over a potential US-Iran peace deal weighs heavily on the safe-haven US Dollar. The dollar index that measures the greenback against a basket of currencies is quoting lower by 0.20% at 99. Meanwhile, ECB policymakers have also recently argued for tighter policy. EUR/USD is currently quoting at $1.1648, rebounding from a seven week low. On the NSE, EUR/INR futures are trading higher by 0.35% at 111.68.
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