The Euro to US Dollar pair reached a yearly high before retreating slightly, driven by strong US home sales figures. Meanwhile, Silver also surged to a 5-month peak of $32.50 as the dollar weakened. As month-end and quarter-end approach, market fluctuations are anticipated. The US dollar and yields may attempt to strengthen, although the Fed’s dovish stance and plans for further rate cuts could keep the dollar under pressure. The gap between the ECB and Fed policies may narrow, leading to increased demand for the Euro. In addition, silver, being a non-yielding asset, could benefit from global interest rate cuts. Key events to watch this week include US GDP data and the US Core PCE Index, which could significantly impact market movements. Analysts suggest monitoring the US dollar’s performance against the Euro and silver following these key data releases.