International Netherlands: The euro's movement is more likely to continue being dominated by the performance of the US dollar.

Jin10 data reported on May 30th, analyst Chris Turner from ING stated in a report that the trend of the euro is more likely to continue to be dominated by the performance of the US dollar. He noted that the market has fully digested the expectation of a 25 basis point rate cut by the European Central Bank on June 5th. The US PCE data is the biggest catalyst for the euro today, and we expect this data may keep it within the short-term range of 1.1300-1.1400 USD.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)