Analyst: The sentiment of American exceptionalism is fading, and the euro will continue to benefit.

Jin10 data reported on April 24, analyst Ipek Ozkardeskaya from Swiss Group stated that the downside potential of the euro is limited. Due to concerns about the economic impact of tariffs, investors continue to avoid U.S. assets, favoring European assets instead. In a report, she mentioned that as the idea of American exceptionalism gradually fades, the preference for European stocks remains. The same goes for the euro. The euro against the U.S. dollar pulled back after breaking through the key 1.15 level earlier this week. However, she stated that the pullback in the euro is still an opportunity to strengthen long positions in the euro. She said that the next target for euro bulls is 1.20.