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*Walter Bloomberg
@DeItaone
Joined August 2014
40 Following    2M Followers
ING WARNS EURO COULD FALL FURTHER ON FRENCH DEBT CONCERNS ING says the euro remains vulnerable despite Moody's maintaining France's Aa3 credit rating. With little progress expected on France's budget and energy prices elevated, pressure on the currency could persist. 🔸 EUR/USD: $1.1206 🔸 Resistance: $1.1250–$1.1270 🔸 Key support: $1.1180 The key takeaway: ING sees limited upside for the euro and warns of a potential break below $1.1180.
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