Dutch International: Euro trend is more likely to continue to be dominated by the US dollar.

date
01/06/2025
Chris Turner, analyst at the Dutch International Group, pointed out in the report that the trend of the Euro is more likely to continue to be dominated by the US dollar. He stated that the market has fully digested the expectation of a 25 basis point rate cut by the European Central Bank on June 5. The US PCE data is the biggest catalyst for the Euro today, and we expect this data to keep it within the short-term range of 1.1300-1.1400 USD.