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EUR/USD: Range-bound then recovering – ING
The EUR/USD is expected to remain range-bound as highlighted by ING's Chris Turner, who suggests trading within a 1.10–1.15 corridor influenced by political developments in France ahead of the April elections. However, the current market reflects a more nuanced outlook, with strong institutional targets suggesting a potential recovery beyond the upper limits of this range. This divergence underscores the impacts of upcoming political events and economic data on Euro sentiment in the coming months.