EUR/USD to end the week closer to 1.0700 than 1.0800 – ING

Economists at ING discuss EUR/USD outlook ahead of Fed and ECB meetings.

ECB may struggle more to convey a hawkish message

We expect the combination of a hawkish hold by the Fed and a hawkish 25 bps hike by the ECB to leave EUR/USD trading closer to 1.0700 than 1.0800 as we expect the FOMC to offer reasons to stay attached to Dollar longs.

The ECB may struggle more to convey a hawkish message after inflation and growth data came in on the softer side.

See – FOMC Preview: Banks expect the Fed to take a break, but signal higher rates ahead

Jun 14, 2023

USD/INR to hold around 82.00 by Q3 and drift slightly lower to 81.50 by year-end – Commerzbank

USD/INR has held within a narrow 2.5% range, between 81-83, since the start of the year. Economists at Commerzbank analyze the pair’s outlook. Strong

Forex Today: Investors on edge ahead of Fed rate decision, dot plot

Here is what you need to know on Wednesday, June 14: Markets have adopted a cautious stance mid-week as investors gear up for the Federal Reserve's (F