- Analytics
- News and Tools
- Market News
- EUR/USD: A weakening in US data remains the key to unlocking major upside room – ING
EUR/USD: A weakening in US data remains the key to unlocking major upside room – ING
Economists at ING analyze EUR/USD outlook.
Strong – and growing – USD rate advantage
We still deem a sustainable EUR/USD rally premature, given the strong (and growing) USD rate advantage. Improvements in the Eurozone growth narrative would help, but a weakening in US data remains the key to unlocking major upside room for the pair.
The volatile situation in the Middle East remains a big question mark on the direction of the pair in the short term.
See – EUR/USD: The risks should continue to point downwards – Commerzbank
© 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
