- EUR/USD may slip back to 1.0650/1.0700 should core inflation come in at 0.4% or 0.5% MoM – ING
Noticias del mercado
14 febrero 2023
EUR/USD may slip back to 1.0650/1.0700 should core inflation come in at 0.4% or 0.5% MoM – ING
EUR/USD should be moved almost solely by the US inflation report today. The pair could drop back to the 1.0650/1.0700 area should US Core inflation come in at 0.4% or 0.5% mont-on-month, economists at ING report.
Euro lacks any solid domestic support
“EUR/USD may slip back to 1.0650/1.0700 should core inflation come in at 0.4% or 0.5% MoM. Anything above that would likely trigger a larger contraction and 1.0600 should be tested.”
“We continue to see downside risks for EUR/USD in the very near term as US data may endorse further Fed hikes and the Euro lacks any solid domestic support.”
See – US CPI Forecast: Preview from 12 major banks, inflation continues to decelerate
Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerAbrir cuenta demo y página personal