EUR/USD to end the second quarter somewhere near 1.1000 – ING
|It has been a relatively quiet start to the year in FX markets. Economists at ING analyze the EUR/USD outlook.
EUR/USD seen ending the year at 1.1500
Doubts about the timing and speed of central banking easing cycles have contributed to lower levels of volatility and a search for yield.
Assuming the Fed is preparing to cut rates in May/June, the bullish steepening of the US curve should be positive for most activity currencies – including the Euro.
We still forecast EUR/USD ending the second quarter somewhere near 1.1000 and ending the year at 1.1500.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.