EUR/USD: 1.05 will be the bottom of the first quarter range after all – ING EURUSD Banks EURCHF
EUR/USD got a lift yesterday. Economists at ING believe that the 1.05 level will be the bottom of the first quarter range.curve is providing EUR/USD with some support against higher US rates and suggesting 1.05 will be the bottom of the EUR/USD's first quarter range after all. Certainly, the disinflation story is taking a back seat this month.”
“The more aggressive ECB pricing is also providing some support to EUR/CHF, which looks like it might end March near our 1.00 target.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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