Economic data

Euro: Lending slowdown threatens key support against US Dollar - ING

FXStreet28 October 2026, 09:48 UTCFrance

Chris Turner at ING highlights that EUR/USD is trading at its lows of the year, pressured by broad Dollar strength, high energy prices and uncertainty around the French budget. While Eurozone activity and upcoming 3Q26 GDP data look relatively resilient, tighter lending conditions and weaker corporate loan demand raise downside risks for EUR/USD technical support levels.

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