Group 1 - The euro to US dollar exchange rate reached 1.171 on June 26, the highest level since September 2021, following a breakthrough of 1.16 on June 24 [1][2] - The European Central Bank's reference rate for the euro to dollar on June 26 was 1.1695 [2] - Many economists believe the US dollar may continue to weaken due to erratic government policies, which have further undermined market confidence in the dollar [2] Group 2 - The recent exchange rate changes are primarily attributed to the rapid depreciation of the US dollar, leading to a passive appreciation of the euro [2] - The rise of the euro against the dollar is not due to strengthening European economic fundamentals, but rather a result of large-scale sell-offs of dollar assets [2] - The euro has appreciated over 10% against the dollar since the beginning of the year [2]