- Analytics
- News and Tools
- Market News
- EUR/USD to consolidate in a 1.08880 to 1.1020 range near term – ING
EUR/USD to consolidate in a 1.08880 to 1.1020 range near term – ING
EUR/USD remains unchanged around 1.0950. Economists at ING analyze the pair’s outlook.
Seasonal factors may keep EUR/USD in check
Over the next month or so seasonal factors may keep the EUR/USD pair in check.
We retain a forecast of 1.08 for the first quarter of 2024, and EUR/USD has recently been more led by equities than by rate differentials.
We expect EUR/USD to consolidate in a 1.08880 to 1.1020 range near term and await Thursday's CPI data for the next big input to the story.
© 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
