#EURUSD @ 1.06420 probably ends March in the 1.07/1.08 area – ING
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for PREMIUM VERSION HERE to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level4)]
EUR/USD managed to register small gains last week on the back of Friday’s rebound. Economists at ING expect the pair to end the month in the 1.07/08 zone.
“European Central Bank speakers continue to point to a 50 bps hike at the 16 March meeting as being a done deal. The tough ECB talk has kept the EUR:USD interest rate differential supported at the short end of the market and firmed up the 1.05 support zone for EUR/USD this month. We think EUR/USD probably ends March in the 1.07/1.08 area.”
“EUR/USD probably trades well inside a 1.0600-1.0700 range today.”
[/s2If]
Join Our Telegram Group
