- Analytics
- News and Tools
- Market News
- EUR/USD could well bounce around in a 1.04-1.06 range for the near-term – ING
EUR/USD could well bounce around in a 1.04-1.06 range for the near-term – ING
EUR/USD enjoyed a good rally on Thursday. Economists at ING expect the world’s most popular currency pair to trade within a 1.0400-1.0600 range for the near-term.
Volatility to remain high
We do not see any reason for EUR/USD to embark on a sizable rally this summer – perhaps the only cause for such a move could be 8-10% declines in equity markets such that the Fed cycle is substantially re-priced.”
“Expect volatility to remain high and EUR/USD could well bounce around in a 1.0400-1.0600 range for the near-term.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
