EUR/USD Price Forecast: Holds steady below 1.1700 as overbought momentum tempers further gains

The EUR/USD pair holds steady near 1.1680 during the early European trading hours on Monday. Fiscal interventions from the US Treasury weigh on the US Dollar (USD) against the Euro (EUR). Traders brace for details of sanctions on Iran and a policy ‌speech this week in the United States (US).