EUR/USD makes headway for the 5th successive session on Monday near 1.0800. Financial experts at ING examine the set’s outlook.
EUR/USD volatility must stay capped
The holding pattern that EUR/USD has actually revealed just recently might well stay the standard in the coming weeks.
United States CPI will be the huge emphasize for the set today, while the Eurozone calendar’s primary release is Tuesday’s ZEW study out of Germany.
We see some modest disadvantage dangers for the Dollar today, and believe EUR/USD can discover some assistance back above 1.0800, although a go back to the 1.0930/ 1.0950 location looks early.