The EUR/USD pair has decisively broken above the 1.1200 mark. This movement comes amid numerous speeches from central bank officials that may have influenced traders’ sentiment. The technical analysis does indicate strong upward momentum, yet market reactions to economic events may pose risks. As central banks continue to shape monetary policy, the impact on currency pairs like EUR/USD remains significant. Traders are advised to keep a close eye on any upcoming announcements that may further affect this major currency exchange rate.