The euro broke through 1.2 for the first time, with Trump's speech triggering massive stop-loss orders.

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According to ChainCatcher, citing Jinshi News, US President Trump's earlier signals of a weaker dollar caused a large-scale stop-loss in the EUR/USD exchange rate, which briefly broke through the 1.2 level, rising to 1.2068. This is the first time since June 2021. Trump has long hinted at supporting a weaker dollar to improve export competitiveness.

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