Create Account Login
Forex

EUR/USD: ECB dovish repricing not necessarily a damper – ING

News RoomBy 0 ViewsNo Comments1 Min Read

Share:

EUR/USD has returned to 1.09. Economists at ING analyze the pair’s outlook.

Adverse short-term rate spread

Markets are now pricing in a first ECB cut in April, and further dovish repricing will become harder from this point on. However, that won’t be necessary to put pressure on EUR/USD if short-term differentials reconnect with the pair. 

The 2-year EUR-USD swap spread is now at 178 bps the lowest since December 2022, when EUR/USD was at 1.05.

See: The coming monetary policy phase should be rather favorable for EUR – Commerzbank

Read the full article here

Share.

Related News

Leave A Reply

Your road to financial

freedom starts here

With our platform as your starting point, you can confidently navigate the path to financial independence and embrace a brighter future.

Creat Account

Navigation

Platforms

Registered address:

First Floor, SVG Teachers Credit Union Uptown Building, Kingstown, St. Vincent and the Grenadines

Products

For Investors

facebook

twitter

youtube

telegram

instagram

email

Terms & Privacy Policy

CFDs are complex instruments and have a high risk of loss due to leverage and are not recommended for the general public. Before trading, consider your level of experience, relevant knowledge, and investment objectives and seek financial advice. Vittaverse does not accept clients from OFAC sanctioned jurisdictions. Also, read our legal documents and make sure you fully understand the risks involved before making any trading decision