Eur/usd: Heavy Tone with Downside Risks – ING Ing’s Chris Turner: Rising Short-dated Eurozone Yields on Higher Oil and

EUR/USD: Heavy tone with downside risks – ING ING’s Chris Turner says rising short-dated Eurozone yields on higher Oil and pass-through of input costs are not clearly supportive for EUR/USD.

EUR/USD: Heavy tone with downside risks – ING ING’s Chris Turner says rising short-dated Eurozone yields on higher Oil and pass-through of input costs are not clearly supportive for EUR/USD. He argues the European Central Bank must get ahead of inflation expectations and that current real rate differentials are…

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