There are two main reasons: 1, the positioning of the euro in the international currency market: the euro is a high-interest currency, that is, a high-risk currency. During the financial crisis, high-risk currencies are often sold by investors, leading to a decline in prices. Recently, when governments are desperately trying to rescue the market, the signs of global economic recovery have stimulated investors' risk-taking, and high-interest currencies have once again been favored by investors. The price will be adjusted back to a high level.
2. With the improvement of the economic situation in the euro zone itself, the issuance and exchange of currency should be based on the development of the real economy in the region. When its economic situation improves, it will naturally gain more trust in the international market, which effectively supports the exchange rate price of its currency. If the global economy continues to improve in the future, there is still a lot of room for high-interest currencies to rise. thank you