The euro's strength is mainly due to capital flows and its safe-haven properties, not fundamentals At the same time, the euro is showing safe-haven properties (Figure 2), perhaps thanks to a timely boost from the U.S. fiscal policy U.S. political uncertainty has weakened the dollar's safe-haven status in relative terms. Uncertainty around U.S. trade policy is likely to persist, as are repeated tariff news and news reports on multiple trade negotiations. The key challenge is whether funds will continue to flow into the euro, which often depends on whether risk aversion is evident. If the tone of the trade situation changes, the euro's trend will also change. To sum up, the euro is more likely to rise against the dollar in the coming weeks.#VeteranIBSuccessStory#CommunityAMA