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Apr 07 - 02:55 PM

EUR: Any EUR/USD Rally On ECB FX-Linked Comments Looks Unlikely To Last - ING

By eFXdata  —  Apr 07 - 01:30 PM

ING Research discusses EUR/USD outlook and maintains a tactical bearish bias in the near-term.

"The ECB has recently been expressing a little concern with EUR/USD under 1.10 and what it means for imported energy prices," ING notes. 

"Yet unless the ECB is prepared to hike more aggressively, any EUR/USD rally on ECB FX-linked comments looks unlikely to last," ING adds. 

Source:
ING Research/Market Commentary

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