Economists at ING suppose some greenback softness after the FOMC can assist EUR/USD climb again to the 1.1415/20 location this week.
Russia-Ukraine tensions in focus
“A barely softer greenback surroundings round the Fed ought to see EUR/USD change up to the 1.1415/20 area, even though we do now not assume features to last.”
“The euro appears to be pricing in little to no geopolitical risk, so the draw back dangers for the frequent forex are non-negligible if tensions with Russia flare up.”
