The euro traded slightly above 1.1350 to the US dollar early Tuesday.
It moved higher after touching a new near one-year low on Monday.
Middle East tensions sustained pressure on Monday.
Over the past two days the pair remained above 1.1350.
Oil prices remained elevated.
The US dollar remained robust throughout the week too.
Traders expect the rate to sit near this level until 2030.
They now wait for US consumer price data that could shift the trend.