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Course of journey seems to be in direction of the 1.09 space – ING


EUR/USD has touched its highest degree in almost eight months at 1.0777. Economists at ING anticipate the pair to increase its mover larger in direction of 1.09.

1.0660/1.0700 would possibly effectively include any draw back

“We’re nonetheless seeing eurozone fairness outperformance, which should be offering the Euro with some good help.”

“Assuming no upside surprises in CPI, the EUR/USD route of journey seems to be in direction of the 1.09 space.”

“1.0660/1.0700 would possibly effectively include any draw back at the moment.”

See – US CPI Preview: Forecasts from 10 major banks, price pressures to ease further



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