India, June 20 -- The euro firmed against its major counterparts in the New York session on Friday, as risk sentiment improved after U.S. President Donald Trump delayed decision on joining the Israel-Iran conflict.
The White House said that Trump will delay the decision on involvement in the Israel-Iran conflict for two weeks.
"Based on the fact that there's a substantial chance of negotiations that may or may not take place with Iran in the near future, I will make my decision whether or not to go within the next two weeks." White House Press Secretary Karoline Leavitt said.
Diminishing hopes of imminent rate cuts from the Federal Reserve further underpinned sentiment.
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