ING Analysis: Euro to Weaken Against Dollar Post-ECB Meeting

Wednesday, 17 July 2024, 17:49

In a recent report, ING forecasts the EUR/USD pair to dip to 1.08 rather than rise to 1.10 after the European Central Bank’s meeting. The euro saw a modest 34-pip increase, settling at 1.0931.
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ING Analysis: Euro to Weaken Against Dollar Post-ECB Meeting

ING Prediction on EUR/USD

In a recent analysis by ING, the EUR/USD pair is expected to decline post-ECB meeting, aiming for 1.08 over 1.10.

Euro's Current Position

  • The euro last traded at 1.0931, marking a slight increase of 34 pips.

This prediction suggests a bearish tone for the euro against the dollar, with possible implications for traders.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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