EUR: Markets shrug off fears of European exit from US assets – ING
Par FXStreet Insights Team
Date de publication: 21 Jan 2026 | Date de modification: 21 Jan 2026
ARTICLES POPULAIRES
Brief concerns over a European pullback from US assets faded quickly, with markets showing little follow-through despite Davos-driven hopes of geopolitical easing, ING's FX analyst Francesco Pesole notes.
Brief concerns over a European pullback from US assets faded quickly, with markets showing little follow-through despite Davos-driven hopes of geopolitical easing, ING's FX analyst Francesco Pesole notes.
EUR/USD seen below 1.170 despite Davos optimism
"A headline about Danish pension fund AkademinerPension exiting US Treasuries yesterday briefly fuelled extra concerns about a European exodus from US assets, despite the actual size of the fund’s holdings being very small in December ($100m). Markets aren’t following through on these concerns this morning, and if Davos brings some geopolitical de-escalation, the associated EUR gains may start to be trimmed today."
"Our view is that unless bond volatility spikes again – not our baseline – EUR/USD belongs below 1.170 in a seasonally strong period for USD and in light of the recent hawkish repricing of front-end USD yields."
"In the rest of Europe, we are also wary of chasing the rally in SEK much further for now. EUR/SEK is trading at over 2% short-term undervaluation and may be due to an upward correction – we believe to 10.80 – before re-establishing a medium-term depreciation trend."
Acuity Trading est une fintech basée à Londres fondée en 2013, spécialisée dans les données alternatives et l’analyse de sentiment alimentées par l’IA pour le trading et l’investissement. Ils ont révolutionné le trading en ligne avec des outils visuels de news et de sentiment, et continuent de mener le marché grâce à des données alternatives génératrices d’alpha et des outils de trading très engageants basés sur les recherches et technologies IA les plus récentes.
Lire la suite
