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EUR/USD: Will Range-Bound Trading Give Way to a Recovery? – ING
EUR/USD is expected to remain under pressure in a 1.10–1.15 range over the next four to five months, according to ING’s Chris Turner, as French budget politics sustain a risk premium in the Euro ahead of April elections.
Will French risks limit the Euro’s near-term gains?
"French budgetary politics look set to keep a risk premium in the euro ahead of April's elections."
"We therefore see EUR/USD trading offered in a 1.10-15 range over the next four to five months."
"From the second quarter, however, softer US rates, moderating energy prices and clarity on French politics could trigger a gentle recovery in EUR/USD towards 1.18 by year-end 2027."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Learn more.)
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