ING Forecast: EUR/USD 1.30 Possible if Euro Area Can Take Advantage of Dollar

  • Foreign exchange analysts at ING expect the Euro to Dollar exchange rate (EUR/USD) to struggle to move much above 1.15 in the near-term outlook; however, they do consider that a serious loss of dollar confidence could lead to EUR/USD strengthening to 1.20/1.25. If Euro-area authorities can boost the attractiveness of local markets, this.