[Euro Breaks Above 1.2 for the First Time in Over Four Years, Analysts: Trump's Speech Triggers Massive Stop-Losses] According to a report by Jinse Finance, U.S. President Donald Trump recently signaled a preference for a weaker dollar. Adam Button, an analyst at financial website Investinglive, stated: The market interpreted this as an endorsement of the recent dollar sell-off, which triggered massive stop-losses in EUR/USD and caused the euro to break through the 1.20 level (for the first time since June 2021) and rise to 1.2068 in a very short period. Trump has long hinted at his support for a weaker dollar, believing it would help boost export competitiveness. However, the timing of his remarks was highly unfortunate (or perhaps intentional), as there is now widespread skepticism about the dollar and its central role in the global financial system. Gold prices hit a new record high today, and at the same time, Trump made these remarks while warning that Cuba would soon 'fall.'