The euro soars above $1.18 against the dollar! 🇪🇺🚀 What is the secret behind this strong rise and where is it headed? $EUR $USDC
For the first time since 2021, the euro breaks the $1.18 barrier! This significant shift is not a coincidence, but a result of an economic battle across the Atlantic.
Let’s break down the reasons simply:
✅ Strength of the euro: Why is it rising?
Stable economy: The Eurozone has succeeded in controlling inflation, and the European Central Bank seems confident in its monetary policies.
German confidence: Germany, the largest European economy, announced a €500 billion investment in infrastructure and defense, significantly boosting investor confidence! 🇩🇪
❌ Weak dollar: What is pressuring it?
Political uncertainty: The dollar is experiencing its worst performance in decades due to political tensions in Washington and President Trump's financial proposals that could increase the budget deficit.
Pressure on the Fed: Concerns are growing over President Trump's interference in the independence of the Federal Reserve, and markets are starting to bet on an early cut in U.S. interest rates. 🇺🇸
📈 Contributing factors pushing the euro higher:
Trade truce: The extension of tariff easing between the U.S. and Europe has encouraged investors to flock to the euro.
Money flowing to Europe: Investors worldwide are directing their funds towards attractive European stocks.
🎯 Where to now? Target 1.20!
Major investment banks expect the euro to continue rising to $1.20, supported by the strength of the European economy and ongoing uncertainty regarding the dollar.
In summary: We are witnessing a pivotal turning point. European strength against American uncertainty.
#EURUSD #TrumpVsMusk #TRUMP #BTCWhaleMovement #NFPWatch $EUR 
