The EUR/USD pair strengthens, nearing 1.1330 during the early European trading hours on Wednesday. The support from a weakened US dollar adds to the positive sentiment surrounding the euro. The recent downgrade of the US credit rating by Moody’s to ‘Aa1’ has reignited concerns about increasing fiscal deficits and associated interest costs. As the “sell America” narrative continues, investors are looking toward the euro with optimism. The potential for further gains in the EUR/USD pair seems promising as the bullish outlook persists above the critical level of 1.1300.