On Thursday, the euro and British pound fell to multi-month lows against the U.S. dollar as the trading year began, with the euro down 0.33% to $1.032 and the pound dropping 0.78% to $1.242. Investor optimism regarding the U.S. economy and expectations of Donald Trump’s return to the presidency influenced market sentiment. The U.S. dollar index increased by 0.25%, supported by hopes for beneficial Trump policies. Analysts highlighted upcoming U.S. economic data, including jobless claims and manufacturing reports, which could impact market perceptions. Predictions suggest the euro might return to parity with the dollar in the medium term.
