EUR/USD: Gains beyond the 1.13 mark may prove to be unsustainable for now – ING EURUSD Banks
EUR/USD kept rising. However, economists at ING expect the world’s most popular currency pair to struggle to enjoy further gains.In our short-term financial fair value model, EUR/USD overvaluation has exceeded 3.0% on the back of the pair’s unusual moves, an indication of how the FX market is pricing in a disinflationary risk premium into the Dollar .Information on these pages contains forward-looking statements that involve risks and uncertainties.
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