Analysis: The political pressure facing the Federal Reserve may contribute to further highs in the Euro/USD.

The Euro fell last month, but this did not significantly inhibit the strong upward trend since 2025, and weak US economic data and the Federal Reserve facing new political pressures might push the Euro to new highs. President Trump's erratic tariff policies and his urging for the Fed to cut interest rates have fueled the idea of the Euro becoming a potential alternative to the dollar, and this argument is gaining momentum in recent days.