Created
: 2025.08.05
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
EUR: Consolidation in quiet conditions - ING
Breaking news
EUR: Consolidation in quiet conditions - ING
2025.08.05 17:31
2025.08.05 17:31
EUR/USD looks quite comfortable near the 1.1550 level and, in the absence of market drivers, may hang around that level for a while, ING's FX analyst Chris Turner notes.
Buyers may return in the 1.1500/1520 area
"We imagine buyers would return in the 1.1500/1520 area should the US data weigh on EUR/USD today. The only eurozone data today is June PPI - expected at 0.6% year-on-year. This serves as a reminder that the European Central Bank is more concerned with inflation undershooting than overshooting its targets. As a house, ING still pencils in an ECB rate cut in September - which is clearly a bold call."
Last updated
: 2025.08.05
Related articles
AUD/USD holds steady near key technical levels
12 minutes agoDonald Trump announces he will have a "majority" on the Fed
2025.08.27 05:46BoC's Macklem reaffirms dropping inflation target amid trade policy uncertainty
2025.08.27 04:12Canadian Dollar gains ground on Greenback weakness
2025.08.27 03:41EUR/USD threads water below 1.1650
2025.08.27 03:32Forex Today: Australian inflation comes to the fore
2025.08.27 03:19
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
AUD/USD holds steady near key technical levels
AUD/USD is holding steady between familiar technical levels after catching a thin bid on Tuesday. US economic releases will take a breather on Wednesday, giving Aussie traders a chance to catch their breath, at least after the next round of Australian Consumer Price Index (CPI) inflation data.
New
2025.08.27 07:03Donald Trump announces he will have a "majority" on the Fed
United States (US) President Donald Trump stepped in it on Tuesday, declaring that there would soon be a majority of rate-cut voters on the Federal Reserve's (Fed) interest rate setting voting body, the Federal Open Market Committee (FOMC).
New
2025.08.27 05:46BoC's Macklem reaffirms dropping inflation target amid trade policy uncertainty
Bank of Canada (BoC) Governor Tiff Macklem noted that the BoC will not be revisiting its 2% inflation targets for the foreseeable future, citing uncertainty around trade and ever-changing tariff policies from the United States (US).
New
2025.08.27 04:12Canadian Dollar gains ground on Greenback weakness
The Canadian Dollar (CAD) caught a slight bid on Tuesday, gaining some ground against the softening US Dollar (USD) heading into a quiet midweek.
New
2025.08.27 03:41EUR/USD threads water below 1.1650
The EUR/USD pair trades within a limited range on Tuesday, holding above the 1.1600 mark but unable to extend gains beyond an intraday peak in the 1.1660 region. The pair is hovering around 1.630 in the American afternoon, lacking a clear bias.
New
2025.08.27 03:32Forex Today: Australian inflation comes to the fore
The US Dollar (USD) reversed its prior gains and came under some modest downside pressure on Tuesday, as market participants shifted their attention to another bout of the Trump-Fed spat ahead of the release of key inflation data toward the end of the week.
New
2025.08.27 03:19Dollar weakness pressures USD/JPY as Fed jitters grow
Following Monday's decent gains, USD/JPY faces renewed downside pressure on turnaround Tuesday, coming all the way down to retest the 147.00 region, where some decent contention seems to have turned up.
New
2025.08.27 03:16Gold holds just below $3,400 as Fed drama hits dollar
Gold stayed firm just under $3,400 per troy ounce on Tuesday, lifted by renewed weakness in the US Dollar (USD) and lingering doubts over the Fed's independence after President Trump's unprecedented attempt to fire Governor Lisa Cook.
New
2025.08.27 03:00Dow Jones Industrial Average treads water as stocks await meaningful news
The Dow Jones Industrial Average (DJIA) spun a tight circle on Tuesday, holding steady near familiar levels as investors await meaningful data or news headlines to get the machine chugging again.
New
2025.08.27 02:13AUD/USD nears recent peak above 0.6500 amid a better market mood
Generally encouraging United States data revived optimism among market players.
New
2025.08.27 02:05Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
