28-month high: Euro aims for $1.20 as dollar selloff gathers pace

The euro homed in on the $1.20 mark on Monday as it scaled another 28-month high while the dollar weakened to a new multi-year low as investors bet the Federal Reserve’s new policy framework meant U.S. rates would stay low for longer.

https://www.reuters.com/article/us-global-forex/dollar-dumped-on-rate-o…