Institutional

Euro: Gentle upside against US Dollar as greenback softens – ING

ING’s Chris Turner says EUR/USD remains well supported by broad Dollar softness. Expected mild eurozone growth in the August PMIs and elevated inflation expectations keep the case for another European Central Bank (ECB) hike alive. EUR/USD is seen consolidating in the 1.1670-1.1710 range before potentially edging higher, although high natural gas prices remain a risk. Euro supported […]

by Currency Hedger

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• 3 weeks ago