EUR/USD to return below 1.0900 next week – ING
Source Fxstreet
EUR/USD trades below the mid-1.0900s. Economists at ING analyze the pair’s outlook.
No FX impact from ECB framework review
The outcome of the European Central Bank's long-awaited operational framework review did not shake markets. As widely expected, introducing a demand-driven floor system while the deposit facility rate has been confirmed as the main policy rates. Indeed, FX implications are as limited as we expected them to bey, particularly in the near term.
The Euro is enjoying decent resilience despite short-term dynamics that would argue for some correction in the coming days.
Our baseline view is a return below 1.0900 in EUR/USD by next week.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
The current Palestinian-Israeli conflict is not enough to stimulate investor demand for BTC, but it cannot be ruled out that the escalation of the conflict will drive BTC to a high of $31,000.
As the Bitcoin market continues to mature, its 2025 outlook appears highly favourable, driven by institutional adoption and regulatory developments.
Ethereum price extended its increase above the $2,720 zone. ETH is now correcting gains and might revisit the $2,500 support zone. Ethereum started a fresh increase and cleared the $2,720 resistance.
Solana Price Forecast: SOL flashes bearish signals, risks double-digit crashSolana (SOL) price shows early signs of a potential breakdown as it trades lower at $165.40 on Monday. SOL is approaching a key support level that could determine its next major move. Technical indicators flash red, and bearish sentiment intensifies, with short positions hitting a monthly high.
Solana (SOL) price shows early signs of a potential breakdown as it trades lower at $165.40 on Monday. SOL is approaching a key support level that could determine its next major move. Technical indicators flash red, and bearish sentiment intensifies, with short positions hitting a monthly high.
Dogecoin Follows Bearish June Trend With over 4% Losses – Is The Worst Over?The month of June has been historically bearish for the Dogecoin price, and so far, June 2025 is following the same trend. With just a little over a week into the month, the Dogecoin price has already seen a decline of over 4%, suggesting it is sticking to the established trend. If this is the […]
The month of June has been historically bearish for the Dogecoin price, and so far, June 2025 is following the same trend. With just a little over a week into the month, the Dogecoin price has already seen a decline of over 4%, suggesting it is sticking to the established trend. If this is the […]
Related Instrument
