Group 1 - The core viewpoint of the articles highlights the recent strong performance of the euro against the US dollar, driven by a weakening dollar and diverging monetary policy expectations between the US and Europe [1][2] - The euro broke through the key resistance level of 1.20, reaching a high of 1.2068, marking the highest level since June 2021, indicating a phase of trend reversal [1] - The primary drivers of this upward trend include the rising expectations of interest rate cuts by the Federal Reserve and a slowdown in US economic growth, which diminished the dollar's yield advantage [1] Group 2 - The technical analysis indicates that the euro has been building a bullish structure since its low in 2022, with the recent breakout confirming a mid-term upward trend [2] - Despite the euro's strength, the underlying economic recovery in Europe remains weak, with manufacturing PMI consistently below the growth line, which may limit the euro's upward potential [2] - The euro's performance is significantly negatively correlated with the dollar index, and its future movements will depend heavily on dollar fluctuations and Federal Reserve guidance [2]
欧洲经济隐忧难挡 欧元强势格局不改
Jin Tou Wang·2026-01-28 02:45