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EUR/USD: Inflation-driven stabilisation hopes – ING

ING FX Strategist Francesco Pesole argues EUR/USD should be trading above 1.140 based on their models, with recent Euro weakness seen as somewhat overdone.

ING FX Strategist Francesco Pesole argues EUR/USD should be trading above 1.140 based on their models, with recent Euro weakness seen as somewhat overdone.

He focuses on September Eurozone inflation and ECB communication as key drivers.

Market commentary only, not advice. 36 words on the desk. Trading involves risk. Headline credited to FXStreet.

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