Kind_Perception94

EUR/USD remains cheap according to our model, which places the short-term fair value around 1.190. While French geopolitical risk may keep the euro from rapidly reconnecting with stronger rate differentials, we think the impact of OAT underperformance on the euro has likely run its course, ING's FX

Oil prices came under pressure on Wednesday after Reuters reported that OPEC+ could consider a further increase in production at Sunday's virtual meeting of countries with voluntary production cuts, Commerzbank's commodity analyst Carsten Fritsch notes. OPEC+ can then be forced to cut supply again n