ING THINK
FX Daily: Re-escalation and data make USD sole winner
EUR/USD — All Desk Targets
30 desks
| Firm | Stance | YE 2026 |
|---|---|---|
Bank of America | Bearish | 1.1200 |
ANZ | Bearish | 1.1400 |
UOB | Bullish | 1.1565 |
From the original
The dollar has found broad-based support after US-Iran military re-escalation and data that keeps pointing to US economic resilience. It’s hard to find the trend in this environment. One week ahead of the ECB meeting, we see increasing risks of a hawkish hike, but lack of progres