Trade The World
EUR: Ukraine truce hopes helping euro – ING
Von FXStreet Insights Team
Veröffentlichungsdatum: 7 Aug 2025 | Änderungsdatum: 7 Aug 2025
POPULAR ARTICLES
Trump’s optimism on a Ukraine-Russia truce is likely feeding into euro strength, which stands in complete opposition to the dollar on the matter.
Trump’s optimism on a Ukraine-Russia truce is likely feeding into euro strength, which stands in complete opposition to the dollar on the matter. Should a truce become a more tangible prospect, EUR/USD and EUR/CHF are expected to serve as the primary channels for euro appreciation, ING's FX analyst Francesco Pesole notes.
Balance of risks remains tilted beyond 1.170
"The franc continues to suffer from deteriorating US-Switzerland trade relations. The Swiss President returned from a Washington visit yesterday without securing improved trade terms, reducing the likelihood of an imminent deal."
"Nevertheless, Swiss National Bank pricing remains anchored, with less than a 50% implied probability of an additional rate cut following the unexpected tariff-driven rebound in July. The trigger for a dovish rethink – and another CHF selloff – might be the additional burden of larger-than-expected US pharma tariffs, which are currently excluded from the 39% rate applied to Switzerland but expected to be announced next week."
"On EUR/USD, our call for today is neutral, but the balance of risks remains tilted to the upside, even beyond 1.170."
FXStreet
Über eine Million Nutzer verlassen sich auf FXStreet für Echtzeit-Marktdaten, Charting-Tools, Experteneinblicke und Forex-News. Der umfassende Wirtschaftskalender und die Bildungs-Webinare helfen Tradern, informiert zu bleiben und fundierte Entscheidungen zu treffen. FXStreet wird von einem Team von rund 60 Fachleuten getragen, verteilt auf den Hauptsitz in Barcelona und verschiedene Regionen weltweit.
Read More
