Euro / U.S. DollarShort
EUR/USD:Slip back to 1.0650/1.0700 by the end of this week – ING
Updated
EUR/USD remains primarily a Dollar story. Economists at ING believe that the pair could slide to the 1.0650/1.0700 area later this week.
Lagarde’s speech may be a non-event
“Despite having survived the US CPI risk event, we continue to see some downside risks in the near term on the back of raising bets on Fed tightening and a lack of drivers from the Euro side.”
“We don’t think that today’s speech by European Central Bank President Christine Lagarde will drive major market moves.”
“We see room for EUR/USD to slip back to 1.0650/1.0700 by the end of this week on the back of a strengthening Dollar.”
Lagarde’s speech may be a non-event
“Despite having survived the US CPI risk event, we continue to see some downside risks in the near term on the back of raising bets on Fed tightening and a lack of drivers from the Euro side.”
“We don’t think that today’s speech by European Central Bank President Christine Lagarde will drive major market moves.”
“We see room for EUR/USD to slip back to 1.0650/1.0700 by the end of this week on the back of a strengthening Dollar.”
Note
YESTERDAYNote
TODAY
✅ TELEGRAM CHANNEL: t.me/+VECQWxY0YXKRXLod
🔥 UP to 4000$ BONUS: forexn1.com/broker/
🔥 USA ZERO SPREAD BROKER: forexn1.com/usa/
🟪 Instagram: instagram.com/forexn1_com/
🔥 UP to 4000$ BONUS: forexn1.com/broker/
🔥 USA ZERO SPREAD BROKER: forexn1.com/usa/
🟪 Instagram: instagram.com/forexn1_com/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.