EUR/USD has maintained its strength, trading above 1.1740 as the Dollar experiences a significant downturn amid the "Sell America" sentiment. The currency pair has gained more than 1% over the past two days, reflecting positive momentum in the eurozone amidst softer demand for the USD.
The recent rise in EUR/USD follows the release of an encouraging ZEW Economic Sentiment Survey, which has bolstered confidence in the euro. As traders react to the shifting dynamics in the forex market, the implications for the USD become increasingly pronounced, suggesting a potential reassessment of U.S. economic prospects in the near term.
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Data Source: FX Killer Analysis Team Updated: 2026-01-20 14:30
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.