Euro: Gains capped against US Dollar by weak data – ING
ING’s Chris Turner says EUR/USD has held up thanks to a softer Dollar and strong Asian AI-related risk sentiment, but Eurozone activity data remain weak. He argues that expectations for European Central Bank (ECB) hikes this summer are preventing a drop toward 1.15.
The Euro may struggle to gain significant ground against the US Dollar due to ongoing weak Eurozone data, despite current support from a softer Dollar. Prices are likely to remain range-bound with potential downward pressure if data does not improve.
ING’s Chris Turner says EUR/USD has held up thanks to a softer Dollar and strong Asian AI-related risk sentiment, but Eurozone activity data remain weak. He argues that expectations for European Central Bank (ECB) hikes this summer are preventing a drop toward 1.15.
Trade this news on a regulated broker
Turn this story into your next trade — earn cashback on every lot
News moves markets. Open a live account with one of the brokers below and SignalPro pays you cashback on every lot you trade — winning or losing — for the lifetime of your account.
- Open in 5 minutes · USDT TRC20 deposits
- $6.5–$12/lot lifetime cashback
- Full SignalPro VIP access included
- Open in 5 minutes · USDT TRC20 deposits
- $5.5–$10/lot lifetime cashback
- Full SignalPro VIP access included
- Open in 5 minutes · USDT TRC20 deposits
- $5–$9/lot lifetime cashback
- Full SignalPro VIP access included
Trading involves risk of loss. Cashback rates are estimates based on standard lots; actual rebates depend on your account type and instrument. SignalPro receives an introducing-broker commission when you open an account through these links — at no extra cost to you.
Cashback Calculator
How much could you earn back per year?
Move the slider to your real monthly trading volume. We instantly show your estimated yearly cashback at each broker. Cashback is paid for life on every trade you make — closed at a profit or a loss.
Estimates based on published partner cashback programs. Actual rebates depend on account type, instrument, and lot definition. See full VIP Trader Hub →
Trade these moves with SignalPro
Get push alerts the moment our analysts spot setups around news events. Join 50,000+ traders.
Discussion