• EUR/USD could test 1.0800 in the coming days – ING

Market news

15 tháng 3 2024

EUR/USD could test 1.0800 in the coming days – ING

EUR/USD is holding under 1.0900. Economists at ING analyze the pair’s outlook.

Dovish ECB commentary continues

The lack of market-moving data releases left EUR/USD to being driven by the dollar rebound, while some dovish comments by European Central Bank officials have hardly given markets a reason to hang on to the Euro.

EUR/USD is trading at more sustainable levels now, and we think it can remain under modest pressure into the FOMC meeting. 

There are a few key moving average supports between 1.0840 and 1.0860: if broken, we could see the pair test 1.0800 in the coming days.

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 disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.