The euro has climbed to its highest level against the dollar in 13 months, entering the final week of August with four consecutive weeks of gains and marking its strongest weekly performance since November 2023. This rally has pushed the EUR/USD exchange rate to heights not seen in over a year. At the start of the week, the euro traded around 1.1170 against the greenback, down slightly by 0.1% after rising 0.7% last Friday and touching the 1.12 mark. Federal Reserve turns ‘dovish’The recent strength of the euro can be largely attributed to a broad-based weakening of the dollar, which has lost …