- Analytics
- News and Tools
- Market News
- Can EUR/USD test decent resistance at 1.0765? – ING
Can EUR/USD test decent resistance at 1.0765? – ING
EUR/USD is enjoying a brief foray above 1.0700. Economists at ING analyze the pair’s outlook.
ECB speakers unlikely to move the needle on EUR/USD
Investors do not seem to be listening to the threat of one last European Central Bank rate hike, where instead 80 bps+ of easing is priced in 2024.
We doubt ECB speakers today will move the needle on EUR/USD and the best hope of slightly higher spot prices probably comes from the US weekly claims data.
For today, let's see whether EUR/USD can test decent resistance at 1.0765.
Support is set at 1.0650/1.0660.
© 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
