Search investingLive
Home
ING's FX view of the week ahead - What's bearish and what's bullish?

ING's FX view of the week ahead - What's bearish and what's bullish?

News
Ryan Littlestone
13/02/2017 | 13:29 GMT

ING is out with a look at the movers and shakers this week

GBPUSD - Mildly bearish. Weekly range 1.2350-1.2580. 1 month target 1.2100

  • Rising unemployment to provide a UK economic reality check

  • Core inflation data key to BOE on Tuesday

USDJPY - Bullish. Range 112.50-115.40. 1m target 117.00

  • Pair survived the Abe/Trump event

  • Watch for more fiscal plans from Trump

EURUSD - Bearish. Range 1.0520-1.0720. 1m target 1.0400

  • Expects the "phenomenal" Trump tax plan to provide USD support

  • Mnuchin Treasury confirmation paves the way for more Trump tails to be released this week

  • Yellen speech may offer further clues on March hike with the market mainly pricing Jun & Dec

Agree or disagree?

    Tags

Most Popular

investingLive Premium
Telegram Community
Gain Access
View more

Brixmor (BRX) beats FFO estimates! Shares up 7% YTD, trading at $28.17. Outlook positive.

Associated Press Finance
3m ago

Dow hits record highs as AI sparks tech volatility. Amazon's $200B AI spend, but shares dip 10%.

ABC News
8m ago

PJM grid costs doubled in Jan to $15.38B on cold snap & AI demand. Energy costs surged 120%.

Bloomberg
13m ago

CMG tests 'Happier Hour' under $10 amid 32% stock drop & weak sales. Multiple expansion awaits traffic rebound.

YahooFinance
16m ago

ORCL jumps 10.3% on AI clarity & upgrade. Down 20.1% YTD, it's 52.4% off highs.

StockStory
17m ago

CANG sells $305M BTC for AI pivot, shares dip 3% to $0.95. Mining continues alongside AI compute.

decrypt
22m ago

Jump Trading takes stakes in Kalshi ($1B valuation) & Polymarket ($9B valuation) for liquidity, eyeing event contracts.

Finance Magnates
27m ago
investingLive Premium
Telegram Community
Gain Access

Must Read

Follow Us

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions.

Advisory warning: investingLive is not an investment advisor, investingLive provides references and links to selected news, blogs and other sources of economic and market information for informational purposes and as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and investingLive specifically hereby acknowledges clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided on an "as-is" basis as a general market commentary and does not constitute investment or trading advice, and we do not purport to present the entire relevant or available public information with respect to a specific market or security. investingLive expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information, or with respect to any of the content presented within its website, nor its editorial choices.

Disclaimer: investingLive may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

© 2026 Finance Magnates CY Limited — Part of Ultimate Group

Read our Terms, Cookies and Privacy Notice

Manage Cookies
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}