ING says Fed tightening raises risk of euro falling further
ING analysts say the Fed’s Wednesday rate rise and further tightening signal leave the euro vulnerable versus the dollar, with downside risks toward $1.14 and June lows near $1.132 if oil prices jump.
ING analysts said the Federal Reserve's Wednesday rate increase and signal of further tightening leave the euro vulnerable to further losses against the dollar in the coming weeks. 132 June lows if oil prices jump.