Impact of US PCE Data on EUR/USD Exchange Rate - ING Analysis

Thursday, 29 February 2024, 07:57

EUR/USD is likely to face pressure following the release of US PCE figures, as analyzed by economists at ING. The currency pair is currently hovering around 1.0850. The post delves into the potential implications of the data on the EUR/USD exchange rate, providing valuable insights for investors and traders.
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Impact of US PCE Data on EUR/USD Exchange Rate - ING Analysis

EUR/USD Exchange Rate Analysis

EUR/USD remains trading around the 1.0850 mark

ING Economists' Outlook

  • Key Point: US PCE figures to impact exchange rate

EUR/USD is likely to come under pressure after the release of US PCE data, according to ING analysts.


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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