EUR: Resilient economy helps the Euro – ING
EUR/USD had a good rally during yesterday's European Central Bank press conference after President Christine Lagarde described the economy as resilient and a little better than expected, ING's FX analyst Chris Turner notes.

EUR/USD had a good rally during yesterday's European Central Bank press conference after President Christine Lagarde described the economy as resilient and a little better than expected, ING's FX analyst Chris Turner notes.

US-EU trade discussions are evolving smoothly

"With inflation on target at 2% and Lagarde frequently repeating the ECB was in a 'good place', investors naturally questioned whether the central bank really needed to take rates into accommodative territory later this year. Two-year EUR swap rates rose about 5bp in the afternoon and gave EUR/USD a 0.5% lift."

"EUR/USD could retest the 1.1830 high, although this story will help the euro across the board. Here we would pick out EUR/CHF, where a less dovish ECB will be music to the ears of the Swiss National Bank and could help EUR/CHF correct back to the 0.9400 area."

"All of the above is contingent on US-EU trade discussions evolving smoothly – with the auto sector, for instance, included in a potential 15% baseline tariff rate."

FXStreet
Trade The World
Lebih dari satu juta pengguna mengandalkan FXStreet untuk data pasar real-time, alat charting, wawasan ahli, dan berita forex. Kalender ekonomi komprehensif dan webinar edukatif membantu trader tetap mendapat informasi dan membuat keputusan terukur. FXStreet memiliki sekitar 60 profesional yang tersebar antara kantor pusat Barcelona dan berbagai wilayah global.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

ALL ABOUT FOREX

Jelajahi Lebih Banyak Tools
Akademi Trading
Jelajahi berbagai artikel edukasi yang mencakup strategi trading, wawasan pasar, dan dasar-dasar keuangan, semua dalam satu tempat.
Pelajari Lebih Lanjut
Kursus
Jelajahi kursus trading terstruktur yang dirancang untuk mendukung pertumbuhan Anda di setiap tahap perjalanan trading Anda.
Pelajari Lebih Lanjut
Webinar
Ikuti webinar langsung dan on-demand untuk mendapatkan wawasan pasar real-time dan strategi trading dari para ahli industri.
Pelajari Lebih Lanjut