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April 22, 2025

EUR/USD Surges Past 1.15 as Markets React to Political Turmoil

The EUR/USD pair made significant gains recently, breaking through the critical 1.15 mark amid deteriorating market conditions. Traders reacted notably to President Trump’s remarks regarding Fed Chair Powell, escalating risk aversion among investors. The shift away from the US dollar reflects broader market instability and the ongoing search for safe-haven assets. As the euro strengthens, traders are closely monitoring currency movements in response to unfolding political dynamics.

EUR/USD Exchange Rate

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