Euro Upside Expected Against US Dollar

EUR/USD targets 1.160 in coming weeks The EUR/USD is expected to test ranges with an upside bias. Recent US data supports this view, as the Federal Reserve is unlikely to deliver further tightening. Targets for the pair include 1.160 in the coming weeks, 1.

EUR/USD targets 1.160 in coming weeks

The EUR/USD is expected to test ranges with an upside bias.

Recent US data supports this view, as the Federal Reserve is unlikely to deliver further tightening.

Targets for the pair include 1.160 in the coming weeks, 1.17 in autumn, and 1.18 by year-end, though risks in the Gulf could impact volatility.

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