{"id":361990,"date":"2025-01-29T14:37:13","date_gmt":"2025-01-29T09:07:13","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=361990"},"modified":"2025-01-29T14:37:13","modified_gmt":"2025-01-29T09:07:13","slug":"looking-at-1-040-more-than-1-050-ing-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/looking-at-1-040-more-than-1-050-ing-crypto-news\/","title":{"rendered":"Looking at 1.040 more than 1.050 \u2013 ING &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p class=\"PostContentEditorTheme__paragraph\" dir=\"ltr\"><span>The euro continues to be driven by US events, from tech news to the tariff threat. Neither a cautious Fed today nor a dovish-leaning\u00a0ECB tomorrow will trigger a material EUR\/USD rebound, ING&#8217;s FX analyst Francesco Pesole notes. <\/span><\/p>\n<h2 class=\"PostContentEditorTheme__h2\" dir=\"ltr\"><span>Risks are skewed towards a move below 1.040<\/span><\/h2>\n<p class=\"PostContentEditorTheme__paragraph\" dir=\"ltr\"><span>&#8220;We estimate the risk premium on EUR\/USD at 2%, which is consistent with the resurging risk of universal tariffs by the US following Trump&#8217;s comments earlier this week. We think that the confirmation that the US Treasury is actively laying out a plan for tariff implementation should prevent that risk premium gap from being closed.&#8221;<\/span><\/p>\n<p class=\"PostContentEditorTheme__paragraph\" dir=\"ltr\"><span>&#8220;We don\u2019t expect EUR\/USD to trade much further from the current spot by the end of the week. If anything, we believe the risks are skewed towards a move below 1.040 rather than a return above 1.050.&#8221;<\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The euro continues to be driven by US events, from tech news to the tariff threat. Neither a cautious Fed today nor a dovish-leaning\u00a0ECB tomorrow will trigger a material EUR\/USD rebound, ING&#8217;s FX analyst Francesco Pesole notes. Risks are skewed towards a move below 1.040 &#8220;We estimate the risk premium on EUR\/USD at 2%, which [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":361778,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,433,255,250,252,247,253,249,308,256,254],"class_list":["post-361990","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-eurusd","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-technical-analysis","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/361990","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=361990"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/361990\/revisions"}],"predecessor-version":[{"id":361993,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/361990\/revisions\/361993"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/361778"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=361990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=361990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=361990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}