[Euro Falls to Seven-Month Low Against Dollar Amid Concerns Over Iran War] Reported by Golden Finance, on March 13, the euro fell to a seven-month low against the dollar as market concerns intensified over the potential rise in energy prices and economic impact triggered by the Iran war. As an energy-importing region, the eurozone's trade conditions could be negatively affected by rising energy prices, while the U.S., as a net oil exporter, benefits from the dollar's safe-haven status. The combination of potentially higher inflation and sluggish growth puts the European Central Bank in a difficult position. According to data from the London Stock Exchange Group, the market now expects an interest rate hike by the end of the year, whereas previously, the market anticipated the ECB would maintain rates unchanged. However, the market's focus remains on the impact of rising energy prices on growth. The euro fell to a low of $1.1465.