Select Language

EUR/USD is set to climb back to the 1.1850 - ING

Breaking news

EUR/USD is set to climb back to the 1.1850 - ING

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
update 2025.09.19 18:50
EUR/USD is set to climb back to the 1.1850 - ING

update 2025.09.19 18:50

EUR/USD is expected to climb back to the 1.1850 handle in the coming days. Thursday morning's rally in the pair shows momentum remains tilted to the bullish side, but also that the US jobs market data continues to have an outsized impact on USD crosses, ING's FX analyst Francesco Pesole notes.

Spillover from France remains limited

"One week after France's debt downgrading, we can conclude that the euro spillover has been very contained, despite the OAT-Bund 10y having remained quite wide (currently 80bp). Their latest political news isn't very encouraging, as the new prime minister is facing harsh union opposition to his fiscal plans, and negotiations with the Socialists - who are believed to hold the key to passing the budget - have not yielded good results so far."

"The risk of further widening in the OAT-Bund spreads remains tangible, but what matters most for the euro is the rate of change in those adjustments, and so far we are not expecting a material FX spillover."


Date

Created

 : 2025.09.19

Update

Last updated

 : 2025.09.19

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

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

USD/CAD stays above 1.4000 near six-month highs as Oil prices drop

USD/CAD moves little after reaching a six-month high of 1.4033 in the previous session, trading around 1.4020 during the Asian hours on Friday. The pair gained around 0.5% on Thursday as the commodity-linked Canadian Dollar (CAD) faced challenges amid lower crude Oil prices.
New
update2025.10.10 11:58

Silver Price Forecast: XAG/USD climbs above $49.50 amid uncertainty, Fed rate cut bets

Silver price (XAG/USD) climbs to around $49.70 during the Asian trading hours on Friday. The white metal holds positive ground after reaching the highest price in four decades, bolstered by safe haven flows, strong industrial demand, and expectations of the US interest rate cut. 
New
update2025.10.10 11:47

Japanese Yen hangs near eight month low against USD amid fiscal concerns and BoJ outlook

The Japanese Yen (JPY) recovers slightly after touching a fresh low since February 13 against a broadly firmer US Dollar (USD) during the Asian session on Friday, though the upside potential seems limited.
New
update2025.10.10 11:24

Japan's Kato says recently seen one-sided, rapid moves 

Japanese Finance Minister Katsunobu Kato said on Friday that he recently sees one-sided and rapid moves in the foreign exchange, adding that it's important for currencies to move in a stable manner reflecting fundamentals.
New
update2025.10.10 11:22

Australian Dollar receives support from RBA Bullock's cautious remarks

The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday, recovering its recent losses registered in the previous session. The AUD/USD pair gains ground following the cautious remarks from the Reserve Bank of Australia (RBA) Governor Michele Bullock.
New
update2025.10.10 11:16

Fed's Daly: Inflation has come in much less than had feared

Federal Reserve (Fed) Bank of San Francisco President Mary Daly said on Friday that inflation has come in much less than she had feared. Daly further stated that the US central bank is projecting additional cuts in risk management.
New
update2025.10.10 10:58

Japan's Akazawa says US-Japan trade deal implemented smoothly

Japan's top tariff negotiator Ryosei Akazawa and US Commerce Secretary Howard Lutnick reaffirmed on Friday that the United States (US) and Japan trade agreement will serve to further strengthen the two nations' strategic and economic ties, Bloomberg reported on Friday. 
New
update2025.10.10 10:45

NZD/USD recovers to near 0.5750 as US government shutdown continues

The NZD/USD pair recovers some lost ground near 0.5750, snapping the three-day losing streak during the early Asian trading hours on Friday. Ongoing US government shutdown undermines the US Dollar (USD) against the New Zealand Dollar (NZD).
New
update2025.10.10 10:17

PBOC sets USD/CNY reference rate at 7.1048 vs. 7.1102 previous

The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1048 compared to the previous day's fix of 7.1102 and 7.1329 Reuters estimate.
New
update2025.10.10 10:15

US Treasury Sec. Bessent says he expects a rebalancing soon, where India buys less Russian oil

US Treasury Secretary Scott Bessent said on Friday that we are going to see rebalancing where India buys less Russian oil soon.
New
update2025.10.10 09:24

Disclaimer:arw

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.

  • Facebook
  • Twitter
  • LINE

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

I agree
share
Share
Cancel