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April 21, 2025

EUR/USD Surges Above 1.15 as Dollar Confidence Dips

EUR/USD spiked to nearly 1.1570 early this week, marking the highest level in three and a half years. This rally coincides with growing doubts regarding the US Dollarโ€™s status as a safe haven. Concerns focusing on Trump’s criticism of Federal Reserve Chair Powell have increased uncertainty. Traders should stay informed as this situation develops, since it may present further opportunities. The dynamics between EUR/USD could continue to shift as geopolitical events unfold.

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