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We argued in May that the dollar would fall, and fall it did. Basically the US was the last part of the developed world where rates hadn't gone to zero but the pandemic changed that.
This created a situation in which the Fed could pull out all the plugs in terms of an unprecedented policy response (backstopping any market in sight) while the ECB had to be more circumspect as it's more divided.
The outcome was always likely to lead to EUR/USD as being a bit of a one-way bet: