EUR/USD: There are some downside risks to the 1.0900 handle – ING EURUSD ECB InterestRate Banks
The door is open for another hike by the ECB before the end of the year, even in September. Markets, however, remain reluctant to endorse this scenario and only price in 17 bps of tightening by December, likely having read last week’s ECB messaging as a dovish tilt.
EUR/USD should be primarily driven by the Dollar leg and US data for the remainder of the week, and there are some downside risks to the 1.0900 handle.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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