Euro Gains as U.S. AI Stock Unease Weighs on Dollar
ING's Chris Turner says the euro could be entering a consolidation phase after recent losses and could rise to $1.1340-$1.1350.
This week's unease over U.S. artificial intelligence stocks has supported the euro, and the currency may be moving into a period of consolidation after recent losses, ING's Chris Turner says in a note. He sees the euro potentially rising to $1.1340-$1.1350. Turner cautions, however, against expecting euro-dollar to be the big out…