EUR: Rally needs a helping hand – ING

FXStreetNov 10, 2025 9:41 AM

View all comments（0）



EUR/USD is becalmed after finding support below 1.15 last week, ING's FX analyst Chris Turner notes.

EUR/USD might find support at 1.1515/1530

"Most probably think that 1.15 proves the bottom of the range, but the rally needs a helping hand. One source of that could be an end to the government shutdown and the release of delayed US data, such as the September or October US non-farm payrolls report. But frankly, that feels like clutching at straws as we start the week."

"In terms of eurozone data this week, we've got some investor sentiment data in the form of the German ZEW tomorrow. And later this week, we should also see third-quarter eurozone GDP data confirmed at 0.2% quarter-on-quarter."

"Again, if last week's 1.1470 low is to prove significant, EUR/USD should somehow find support at 1.1515/1530 through the early part of this week."

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

Korea’s KOSPI Index Dives Over 7%, Warning Bull Market May Be Nearing End

TradingKey - Recently, the South Korean stock market has repeatedly hit record highs. At the market open on May 15, the KOSPI Index briefly broke through the 8,000-point psychological level before staging a sharp intraday plunge, with losses exceeding 7% at one point. It closed down 6.12%, signaling collective profit-taking as investors locked in gains at key resistance levels.

Largest US IPO of 2026 Debuts, Cerebras Soars 68% on First Day, Is This AI Chip Upstart Worth Buying Now?

TradingKey — On Thursday, May 14, Eastern Time, AI chipmaker Cerebras Systems, regarded by the market as an "Nvidia challenger," officially listed on the Nasdaq under the ticker symbol "CBRS," delivering a stunning performance on its first day of trading.

US Stocks Hit New Highs as Warsh Takes Office, Nvidia Gains for Seventh Day, Cerebras Surges in Debut

TradingKey - On May 14, Eastern Time, the three major U.S. stock indices closed higher across the board, with the Nasdaq and S&P 500 both hitting record highs. The Dow Jones Industrial Average closed above the 50,000 mark for the first time in three months. On the same day, Kevin Warsh officially succeeded Jerome Powell as Chair of the Federal Reserve, ushering in the Fed's "Warsh Era."

Today’s Market Recap: AI Rally Sends S&P 500, Nasdaq to Records; Nvidia Leads Surge

US markets hit records on AI growth and Nvidia’s China expansion. Key drivers include Cisco’s gains, Cerebras’ IPO, US-China diplomacy, South Korean retail FOMO, and Middle East tensions.

Cerebras Systems IPO 2026: Date, Price, Valuation, and Whether CBRS Is Worth Buying

TradingKey - Cerebras Systems (CBRS) IPO prices May 13–14 at $125–$135/share. $26–$27B valuation, 20x oversubscribed, $510M revenue, 47% net margin, OpenAI 750MW deal. Everything you need to know.

Featured Tools