💱Euro/US Dollar FX Spot Rate
EURUSD
▼ NegativeMonetaryrelevance
ING warns euro upside capped by energy risks, expects EUR/USD to struggle above 1.1460/70 and potentially retreat.
ING analyst Chris Turner says the euro's rally against the US dollar on softer US CPI data is limited by rising oil and European natural gas prices. He expects EUR/USD to struggle above 1.1460/70 and potentially retreat toward 1.1360/80 if oil gains another leg higher.
ING warns euro upside capped by energy risks, expects EUR/USD to struggle above 1.1460/70 and potentially retreat.