EUR/USD: A Lower USD On Powell Nomination To Push EUR/USD Into 1.17 – ING
November 02, 2017 at 10:36 AM EDT
EUR/USD will be primarily driven by the announcement of the next Fed Chair nominee. As per above, the likely nomination of Powell suggests a lower USD and an upside to EUR/USD, with the cross likely moving above the 1.1700 level,” ING argues.