EUR/USD Expected to Keep to Small Range of 1.05-1.11 This Year -- Market Talk

Dow Jones02-02

0820 GMT - EUR/USD is likely to keep within a relatively small range of 1.05-1.11 this year, Kit Juckes, chief global FX strategist at Societe Generale Research says in a note. The euro has kept within this range against the dollar recently even in a market discounting slightly more European Central Bank than Federal Reserve easing, and much weaker growth in the eurozone growth than in the U.S., he says. "It will take a significant shift in expectations to really shake up the FX market," he says. EUR/USD is last up 0.1% at $1.0884. (emese.bartha@wsj.com)

(END) Dow Jones Newswires

February 02, 2024 03:20 ET (08:20 GMT)

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The euro has kept ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"USD","symbol_name":"ProShares Ultra Semiconductors","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2408592673","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2408592673","pubTimestamp":1706862000,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0820 GMT - EUR/USD is likely to keep within a relatively small range of 1.05-1.11 this year, Kit Juckes, chief global FX strategist at Societe Generale Research says in a note. 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