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Inflation data could knock EUR/USD back to 1.0200 this week - ING

Inflation data could knock EUR/USD back to 1.0200 this week - ING

ING Research discusses its bias on EUR/USD this week.

"The highlight of the eurozone data calendar this week will be November price data - released for Germany tomorrow and for the eurozone on Wednesday. The question is whether inflation will fall back from the highs (not far from 11% year-on-year) and allow the European Central Bank to potentially soften its hawkish rhetoric a little. Currently, the market prices a 62bp rate hike on 15 December," ING notes.

"EUR/USD is cons... Read More

Posted: Nov 28 2022, 20:12
Author Name: forexlive
Views: 110776

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