The euro has been performing strongly since the first week of February when it dipped under 1.02.
EU equities have been bid, seen as alternative with pressure on US equities from incoherent policies. EUR has benefitted.
The past hours have seen further gains for EUR/USD in the wake of the muddled communications from the US administration.
EUR/USD is hitting its highest since December 6 last year:
This article was written by Eamonn Sheridan at www.forexlive.com.
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