EUR/USD climbs above 1.14 on risk-on mood, ECB turns hawkish

  • EUR/USD advanced on Monday during the North American session, driven by upbeat market sentiment fueled by high-level US-China tariff talks held in the United Kingdom. This, along with a perceived “hawkish” cut by the European Central Bank (ECB), pushed the pair above 1.1400, yielding gains of over 0.25%.