The euro is on its way to the highest level in four years as it approaches $ 1.20

The euro has approached its strongest levels in four years, with clients ready to lower interest rates by the Federal Reserve this week, which will spend the way of monetary policy different with the European Central Bank. The euro scored its highest level since July 3, with 0.3% to $ 1,1791. It has risen by 14%since the beginning of 2025 to go to its best performance in nine months. The euro has the $ 1,1829 level registered in July, the strongest since September 2021, and the options contracts indicate that it can pave the way to reach the $ 1.20 level, which has a wide follow -up. The contrast of monetary policy supports the euro receiving the united currency to support the expectation that the European central will not reduce interest rates, while the federal is expected to start a cash facilitation cycle. The probability of federalism has three complete cuts for the benefit of 25 basis points for each by the end of the year, increasing the attractiveness of the euro. Also read: The European central remains unchanged at interest rates. Reverse options contracts appear for a week (which measures the difference between the cost of purchase and sales options) and is an indication of market trends and investor confidence, an increase in demand for the purchase of the Euro since the European Central Bank has indicated to end the cash facilitation cycle. Betting on the rise of the euro has the data of the “Diertzitore Test and Corring Corporation” (Diertzitore Corring Corporation “(Diertzitori Corring Corporation” (Diertzitore and Corring Corporation (Diertzitori Corborn) (Dibouzitore and CORRING CORRING). Federal decision, which can leave the space for the euro to continue its profits if monetary policymakers confirmed the market expectations over lowering interest rates during the remaining period of the year.