- Can EUR/USD test decent resistance at 1.0765? – ING
Market news
9 tháng 11 2023
Can EUR/USD test decent resistance at 1.0765? – ING
EUR/USD is enjoying a brief foray above 1.0700. Economists at ING analyze the pair’s outlook.
ECB speakers unlikely to move the needle on EUR/USD
Investors do not seem to be listening to the threat of one last European Central Bank rate hike, where instead 80 bps+ of easing is priced in 2024.
We doubt ECB speakers today will move the needle on EUR/USD and the best hope of slightly higher spot prices probably comes from the US weekly claims data.
For today, let's see whether EUR/USD can test decent resistance at 1.0765.
Support is set at 1.0650/1.0660.
Market Focus
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 disclaimerOpen Demo Account & Personal Page