EUR/USD: Here’s why the euro is in an unstoppable rally

The EUR/USD pair is in its third day of straight gains as forex traders react to the outcome of the Georgia by-election. The EURUSD is trading at 1.2335, which is the highest it has been since April 2018. More stimulus ahead The EUR/USD is rising as investors start pricing-in more stimulus in the United States. This is after the two Democratic contenders managed to beat the Republican contenders in the Georgia by-election. This means that Chuck Schumer will become the Senate majority leader. Democrats have vowed to push ahead with a new more aggressive stimulus package in their bid to