- Analytics
- News and Tools
- Market News
- EUR/USD: The pieces of the investment puzzle have yet to fall into place for a rally – ING
EUR/USD: The pieces of the investment puzzle have yet to fall into place for a rally – ING
Economists at ING analyze EUR/USD outlook.
EUR/USD risks another drop to the 1.0850 area
With the USD/CNY pair staying bid and Eurozone data soft we would say EUR/USD risks another drop to the 1.0850 area.
Valuation metrics suggest the EUR/USD pair does not have to sell off too far – but the pieces of the investment puzzle have yet to fall into place for a EUR/USD rally.
See: EUR/USD to move lower toward H2 on weaker global growth, relative US economy outperformance – Danske Bank
© 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
