Euro flirts with 1.1400 on risk-averse markets as Iran’s war escalates

The Euro (EUR) depreciates moderately against the US Dollar (USD) on Monday, as escalating tensions between the US and Iran and the closure of the Strait of Hormuz dampened appetite for risk and boosted inflationary pressures at the week's opening.The EUR/USD pair is trading at the 1.1400 area at th