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Diego Romero · Senior FX Analyst
As of 20 May, 09:14 UTC
EUR/USD / 1D
FEATURED CALL
EUR/USD
- Last
- 1.0842
- Target
- 1.0980
- Conviction
- 80%
InstrumentLast / Target
InstrumentLast / Target
EUR/USD continues to grind higher as the ECB pushes back against July cut expectations. With US data softening and the dollar index breaking below the 200-day average, we see room for a move toward 1.0980 in the coming weeks. Key risk: a hot NFP print could trigger a sharp reversal back toward 1.0750.
DR
Diego Romero
Senior FX Analyst
- As of
- 20 May, 09:14 UTC
Desk views, not investment advice.
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