Hong Kong, Jan 28, 2026 (AFP) - Euro tops $1.20: who wins, who loses?

NAMPA / AFP

2026-01-28

The euro has surged past $1.20 for the first time in more than four years, fuelled by Donald Trump's tariff?laden presidency and a slide in the dollar. The jump came after the US president expressed indifference to the greenback's latest decline, saying the currency "is doing great". Launched in 1999 at $1.17, the single currency climbed to a record above $1.60 during the 2008 subprime crisis, when the US unit weakened sharply. It had not crossed......

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