The EUR/USD backdrop remains supportive – ING

The EUR/USD backdrop remains supportive – ING EURUSD Banks China Gas Germany

trades sideways around 1.0830. But the near-term macro trends remain supportive, economists at ING note.“China's demand trends are supportive of pro-cyclical currencies like the Euro. That better

“EUR/USD may consolidate in a 1.0780-1.0870 range today – but the near-term macro trends remain supportive.”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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