Fundamental Analysis
Posted 45 min ago
ING lowers EUR/USD year-end 2026 target to 1.16
ING has cut its EUR/USD year-end 2026 forecast to 1.16 from 1.18, citing a delayed dollar downtrend. A 25bp Fed hike on 16 September should temporarily support the dollar against low-yielding currencies, with a clear euro rally postponed until spring 2027 when US inflation approaches 2%. This reshapes medium-term positioning for EUR/USD traders.
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