Friday , 27 September 2024
Home Forex EUR: Rangebound swings ahead – ING
Forex

EUR: Rangebound swings ahead – ING

The support from China’s stimulus story waned yesterday, and EUR/USD’s exploration above 1.1200 proved to be very short-lived amid quarter-end USD buying, ING’s FX strategist Francesco Pesole notes.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Atlanta Fed GDPNow Q3 forecast +3.1% vs +2.9% prior

The GDP tracker from the Atlanta Fed is rising after today's round...

Incoming Japan PM Ishiba: Japan will deploy fiscal stimulus if needed

The yen is higher today after Ishiba beat out a dovish rival...

USDCHF sellers are testing a key support level Can the sellers push below and stay below?

The USDCHF is moved lower on the back of the PCE data...

The calls are mounting for the ECB to cut rates in October and beyond

Barclays is out with a note forecasting the ECB to cut by...