ING Predicts Euro to Reach 1.20: What Drives This Forecast?

The global financial landscape is closely watched by those involved in cryptocurrencies. While crypto operates independently, shifts in broader macroeconomic trends can significantly impact investor sentiment and capital flows. Notably, ING’s recent discussion on the potential for the EUR/USD exchange rate to reach 1.20 has generated considerable attention. 1.20 represents a key target level for the euro-dollar pair, which is driven by complex interplay of factors.