ING: EUR/USD Could Return Higher on AI Sentiment Shift
EUR/USD is stabilizing above 1.1300 as calmer markets pause the dollar rally, with ING analyst Francesco Pesole pointing to AI-related sentiment as the primary driver.
EURUSD
EUR/USD is finding support above 1.1300 as risk conditions stabilize, according to ING's Francesco Pesole. The pair has paused its decline against a strong US dollar amid a calmer market backdrop.
Pesole notes that AI-related sentiment has become the main driver for EUR/USD. If risk stabilization continues and equities firm, the pair could slowly trend higher, he suggests.
Source: FXStreet Forex News