- EUR/USD can trade above 1.10 during the holiday period – ING
Notícias do Mercado
19 dezembro 2023
EUR/USD can trade above 1.10 during the holiday period – ING
EUR/USD trades water in the low 1.09 area. Economists at ING analyze the pair’s outlook.
Rate differentials are still too depressed to argue for a sustainable rally above 1.10 just yet
Data remains the missing link for a more material repricing in ECB rate expectations, and another miss by the IFO on Monday in Germany suggests we are not at peak pessimism yet on the eurozone economic outlook.
EUR/USD can trade above 1.10 during the holiday period as the Dollar enters a seasonally soft period, but rate differentials are still too depressed to argue for a sustainable rally above 1.10 just yet.
O foco de 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 Conta Demo e Página Pessoal