EUR/USD extends its previous gains to approach 1.0670 during early European trading hours, marking the highest level this year. Investors are moving away from the US Dollar due to growing apprehensions about the US economic outlook. Meanwhile, German debt reforms have bolstered the Euro’s position, providing a catalyst for this upward momentum. As market dynamics shift, traders should remain alert to potential changes in the currency pair. The outlook remains positive for the Euro, especially as confidence in the US Dollar weakens amidst these developments.