EUR/USD: Risk towards 1.1000 on the back of the Fed – ING EURUSD Fed China Banks
EUR/USD will continue to trade on the soggy side through the session
We had targeted EUR/USD at 1.1050 on a slightly hawkish Fed meeting today. Softer European data has already brought us to that level. That suggests risk in EUR/USD towards 1.1000 on the back of the Fed – assuming the FX options market is correctly pricing a 60 pip range for EUR/USD over the next 24 hours.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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