- EUR/USD: Return below 1.0900 more likely than a rally to 1.1000+ – ING
Market news
12 tháng 3 2024
EUR/USD: Return below 1.0900 more likely than a rally to 1.1000+ – ING
EUR/USD clings to small recovery gains ahead of the US Consumer Price Index (CPI) report. Economists at ING analyze the pair’s outlook.
EUR/USD should be moved entirely by the USD reaction to US CPI figures
There are no scheduled ECB speakers today, and EUR/USD should be moved entirely by the USD reaction to US CPI figures.
The common currency has held up well since the start of the week despite the Dollar recovering some ground in G10, but we still see a return below 1.0900 as more likely than a rally to 1.1000+.
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