The euro has recently appreciated against the dollar beyond the symbolic threshold of 1.20.
75% confidence
EconomyEuropean Union
Omissions
The claim does not specify that while the euro briefly touched 1.20 in late January 2026, it had already fallen back below this level by the time of the speech on February 9, 2026. The ECB reference rate on February 6, 2026 was 1.1892, below the 1.20 threshold.
The source found is a currency forecast/analysis site (Cambridge Currencies) rather than a primary ECB statistical release.