EUR/USD: Volatility in a 1.05-1.10 range depending on the data in Q2 – ING EURUSD Banks Inflation
“Sticky US inflation suggests that clear signs of disinflation may not emerge until the summer. We are therefore revising lower our EUR/USD forecast for the second quarter, where we now seeto the fourth quarter when our macro and rate strategy teams now look for the substantial compression in two-year EUR:USD swap differentials – a key driver of the spot rate.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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