The euro is experiencing its fastest rally in 15 years, with traders increasingly betting on the currency reaching $1.20. This surge is driven by a shift among investors away from the US dollar, largely in response to former President Donald Trump's aggressive tariff policies and his broader agenda to reshape global trade. As a result, confidence in the eurozone is rising, prompting strategists to revise their forecasts upward. The euro recently touched its highest levels since 2022 and is projected to continue appreciating, potentially reaching $1.18 within the next twelve months. This trend has also contributed to European markets outperforming those in the United States, as investors favor Europe amid changing trade dynamics. Analysts note that Trump's trade policies are inadvertently strengthening Europe’s economic position and fostering greater unity within the eurozone, which supports the euro’s resilience.