0906 GMT - The euro looks vulnerable as investors seem more minded to brace for an escalation in the Middle East conflict than a ceasefire, ING's Chris Turner says in a note. The Wall Street Journal reports that the Pentagon is sending up to 10,000 additional ground troops to the Middle East. This is seen as worrying, Turner says. The role of Middle East investors in global capital markets also needs more attention, he says. The region's loss of access to energy revenues and new fiscal commitments at home will be triggering a tightening of global financial conditions. That's negative for the pro-cyclical euro-dollar exchange rate, he says. The euro falls 0.1% to $1.1518 and ING sees it potentially falling below $1.1410-$1.1430.(renae.dyer@wsj.com)

(END) Dow Jones Newswires

March 27, 2026 05:06 ET (09:06 GMT)

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