Jin10 data reported on September 5th that Francesco Pesole, a forex analyst at ING, pointed out that the latest survey of European Central Bank forecasters shows that market expectations have clearly shifted towards a hawkish stance. However, for the euro against the dollar, the trend still almost entirely depends on Fed policy and U.S. data. We expect this currency pair to rebound above 1.1700. In the coming days, any developments in French political dynamics and the situation in Ukraine will remain another important factor affecting the euro. The market anticipates that the French parliament will pass a no-confidence motion against Prime Minister Borne on Monday. A realistic scenario thereafter is that President Macron will appoint a new centrist or center-right prime minister to push for a weakened fiscal consolidation plan. Throughout this process, political uncertainty will remain high, but we are uncertain if this will be sufficient to trigger uncontrollable fluctuations in French bonds, thereby exerting significant pressure on the euro—given the outcome of the no-confidence motion.

The report indicates that the inflation rate in the Eurozone slightly exceeds the 2% target, and the overall inflation environment is stabilizing. In the context of weak economic growth and uncertainty, pausing interest rate cuts is a reasonable choice. Although some policymakers may still lean towards rate cuts, the likelihood is lower.

Jin10 data reported on August 28, analysts at ING Groep stated in a report that the euro faces further pressure from political concerns in France, but the short-term fall may be limited. He stated: "We believe the dollar trend will dominate here, and the euro should find support below 1.1600 before September."

Jin10 data reported on August 28, the interest rate strategist at ING stated in a report that the France-Germany bond yield spread may remain elevated even if it does not widen further. The 10-year France-Germany bond yield spread rose to 82 basis points on Wednesday, the highest level since January. Due to the prospect of a confidence vote, the yield spread between French and German bonds has significantly widened, with risk balances tending to expand further. Although the increase is relatively controllable, it also highlights that if political tensions escalate, the upside risk for French bonds will increase.

Jin10 data reported on August 27th that Francesco Pesole, an analyst from ING Group, stated in a report that due to market expectations that the Central Bank of England will adopt a cautious rate-cutting strategy, the recent outlook for the British pound remains optimistic. The recent continued cooling of the market's expectations for a rate cut by the Central Bank of England continues to provide strong support for the "short-term momentum of the British pound." He noted that the euro against the pound EUR/GBP could fall below 0.8600. "In terms of (the British pound against the US dollar), we still believe that a structural breakthrough of 1.35 is only a matter of time, not whether it will break through."

Jin10 data reported on August 26 that Charlotte de Montpellier, an analyst at ING, wrote that France is heading into turbulent political waters after Prime Minister Borne requested a confidence vote for his minority government at the beginning of next month. Borne is likely to lose in the election, ending his brief term as Prime Minister. This leaves President Macron with a choice: appoint a new government leader (who will face the same restrictions in a divided National Assembly as Borne) or call for new parliamentary elections, the outcome of which is unpredictable. Either path will inject new uncertainty into an already fragile political landscape.

Analysts from ING Group pointed out that German corporate confidence continues to rise, anticipating the stimulus brought by government spending, despite facing economic contraction and an uncertain external environment. This optimism mainly stems from the Chancellor's commitment to large-scale investments in defense and infrastructure.

Chris Turner of ING noted that foreign Central Banks are reducing their holdings of US Treasuries and dropping their dollar exposure. Although the private sector in the US catching a falling knife may mitigate market impacts, negative effects on the dollar may still persist. The amount of US Treasuries held by the Fed has fallen to $2.83 trillion.

On August 11, Jin10 reported that Francesco Pesole, an analyst at ING, stated in a report that the summit held on Friday between U.S. President Trump and Russian President Putin regarding the Russia-Ukraine conflict could impact the euro. "If a ceasefire is achieved in the coming weeks, the euro may perform well, particularly against the U.S. dollar, Japanese yen, and Swiss franc." Since early August, hopes for a Russia-Ukraine truce have led to a drop in oil prices. However, he noted that considerable uncertainty surrounds the outcome of the negotiations, and the recent decrease in G-10 currencies' sensitivity to the Ukraine conflict could limit any impact on the euro.

Analysts at ING Groep in the Netherlands stated that the optimistic sentiment in the German industry does not match the actual data, with industrial production declining by 1.9% month-on-month in June. Although there are signs of improvement, production remains below pre-pandemic levels, which could lead to a downward revision of GDP for the second quarter.

Jin10 data reported on August 6, the International Group stated that after recent appreciation, the Czech koruna still has room for a pump, as the Central Bank of the Czech Republic may signal during Thursday's meeting that interest rates will remain high. Data released on Tuesday showed that the inflation rate in the Czech Republic slightly fell from 2.9% in June to 2.7% in July, but this did not change the Central Bank's cautious stance on interest rate cuts. The International Group expects that at Thursday's meeting, the Central Bank will keep the Benchmark interest rate unchanged at 3.5% and does not expect any further cuts for the remainder of the year.

Gate News bot message, according to the Gate announcement on July 7, 2025: Gate has launched a new 7-day fixed income product for AIN tokens in its Yu Bi Bao. This product offers an annualized return of 150%, with a total limit of 20 million AIN tokens, available on a first-come, first-served basis. Infinity Ground is the project party, primarily providing blockchain infrastructure services and dedicated to building a decentralized agent development environment. The project completed a $2 million seed round of financing in early 2025, receiving investments from several institutions including Frachtis Ventures, MarbleX, and Animoca Brands. Its core products include a decentralized intelligent agent IDE, an AI application store, and a dedicated public chain ING Network, aimed at allowing users to create DApps through natural language, including games, social applications, and DeFi applications.

Jin10 data reported on July 30, analysts from ING, Francisco Pesole, stated in a report that if the Central Bank of Canada maintains interest rates, the Canadian dollar may fall, but this implies the prospect of future rate cuts. Data shows that the market expects only a 15 basis point rate cut by the end of the year. Considering this conservative pricing and the economic risks brought by the US-Canada trade negotiations, the Central Bank of Canada may encourage the market to bet on further rate cuts. This will put pressure on the Canadian dollar. It is still expected that the USD/CAD will reach 1.39 this quarter.

Jin10 data reported on July 29 that the British pound fell to a two-month low against the US dollar, but rose to a nearly one-week high against the euro due to the trade protocol reached between the US and Europe. As concerns about a US economic recession eased, the dollar strengthened overall; however, market worries about tariffs harming the eurozone economy led to a fall in the euro. Therefore, the British pound rebounded against the euro. Chris Turner, head of forex strategy at ING, noted in a report that the rise of the British pound against the euro was also due to investors reducing their positions that previously bet on a strong euro.

Jin10 data reported on July 28, analysts at ING, Chris Turner, stated in a report that the forex market's reaction to the trade protocol between the US and Europe has been limited, as there were already expectations of an agreement last week. With the market awaiting the Fed's interest rate decision this week, the euro is under pressure and falling. The market generally expects the Fed to maintain interest rates. ING forecasts that if the Fed continues to resist political pressure to cut rates, the euro to dollar exchange rate may fall to 1.16. Data shows that the currency market does not expect the Fed to cut rates before October.

Gate News bot message, according to the Gate announcement on July 4, 2025: Gate will launch the Infinity Ground ( AIN) staking mining event on Launchpool from July 5, 2025, at 20:00 to July 10, 2025, at 20:00 UTC+8 (. Users can participate by staking BTC or AIN tokens, with a total mining reward of 1.2 million AIN tokens. The system will distribute rewards hourly based on the proportion of users' staked assets. Infinity Ground is a blockchain infrastructure project built for Vibe Coders, providing a decentralized agent IDE, an AI application store, and the ING Network public chain. The project completed a $2 million seed round financing in early 2025, receiving investments from several institutions including Animoca Brands and MarbleX.

Economists at ING Group stated that although inflation in Tokyo has eased, it remains at a high level, supporting the normalization of the Bank of Japan's policy. They expect the Bank of Japan to keep the current interest rate unchanged and follow the impact of the U.S. trade protocol on the economy, believing that a rate hike may occur in October.

Jin10 data reported on July 24, analysts from ING, Chris Turner, stated in a report that if the European Central Bank expresses concerns about the recent appreciation of the euro during Thursday's meeting, the euro may weaken. He mentioned in the report that some European Central Bank members have publicly voiced their concerns about the rise of the euro, and exchange rate comments may be involved on Thursday. "After all, the European Central Bank has been focused on the issue of inflation not meeting targets, and a stronger currency does exacerbate this situation," Turner said. Considering Trump's sensitivity to exchange rate manipulation, it remains unclear whether the bank believes that exchange rate comments could affect US-EU trade relations.

Jin10 data July 22 news, Francesco Pesole, forex strategist at ING Group, pointed out in a report that the recent depreciation of the British pound against the euro may reflect the market's concerns about the UK's fiscal situation, as well as the increasing attractiveness of the euro as a reserve currency. Data released on Tuesday showed that UK government borrowing in June rose to £20.7 billion, significantly exceeding market expectations, and this deterioration in fiscal conditions could further exacerbate market concerns. Pesole stated that although today's data did not have a significant impact on the pound, it did raise the likelihood of the UK government introducing tax increases this autumn, which will limit the pound's pump potential.

Jin10 data reported on July 21, the strategist from ING stated that the results of the Japanese Senate election have made the outlook for the yen more uncertain. Although Japanese Prime Minister Shinzo Abe has promised to remain in office and continue to promote negotiations on the US-Japan trade agreement, the opposition party may seek to gain political benefits by advocating for loose fiscal policies to address livelihood pressures. The strategist pointed out that these expectations have already put pressure on Japanese government bonds before the election, creating unfavourable information for the yen. Additionally, there is a risk that Shinzo Abe could be replaced by a more conservative faction, which may call for the Bank of Japan to slow down the pace of interest rate hikes. "In other words, today's rise of the yen lacks clear support," the strategist added.

Carsten Brzeski from ING pointed out that the strengthening of the euro and tariff turmoil are affecting the economy, and the European Central Bank may not be able to remain stagnant with its current policies. Although the interest rate has been lowered to 2%, the appreciation of the euro and potential tariff threats have increased economic uncertainty, and the central bank is expected to maintain its current policies at the policy meeting.

Jin10 data reports on July 17 that James Smith from ING stated in a report that although the UK labor market is undoubtedly cooling, the latest data shows that the situation has not deteriorated in a snowballing manner as is common during recessions. He believes this alleviates the pressure on the Bank of England to accelerate interest rate cuts. That said, Smith pointed out that the payroll numbers have been in a declining state for 7 out of the past 8 months. He still expects the Bank of England to cut interest rates in August and November.

Jin10 data reported on July 15, analysts from ING stated in a report that if French Prime Minister Borne fails to reduce the budget deficit through spending cuts, the euro could face pressure. Borne is expected to announce a cut of 40 billion euros in spending in a fiscal consolidation plan to be unveiled later. We need to closely follow the movements of French government bonds, as a failure of the spending cut plan (similar to the recent situation in the UK) seems likely to harm local fixed income products and the forex market. The recent policy reversal by the UK government on welfare reforms has raised new concerns about its fiscal situation, leading to a significant fall in UK bonds and the pound.

Jin10 data reported on July 15 that analysts from ING stated in a report that, given that the UK may accelerate its pace of interest rate cuts, the recent fall of the British pound against the euro may continue. The analysts mentioned that Bank of England Governor Bailey may reiterate in his upcoming speech that if the labor market deteriorates, more aggressive rate cuts cannot be ruled out. Data from the London Stock Exchange Group shows that the UK money market believes there is nearly an 89% chance of a rate cut in August. ING expects that the euro may rise to 0.88 against the pound in the coming quarters.

According to the Gate News bot, reported by Jin10, the latest second quarter Tankan survey released by the Central Bank of Japan shows that despite the uncertainties brought about by trade frictions, both large and small enterprises in Japan have maintained an overall optimistic attitude. The confidence of manufacturing enterprises is particularly stable, with its business sentiment index continuing to remain positive, and the manufacturing Purchasing Managers' Index (PMI) has risen back into the expansion zone for the first time in 12 months, confirming this trend.

Gate News bot reports that the International Group (ING) of the Netherlands stated that the short-term observation data for the second quarter released earlier by the Bank of Japan shows that despite the uncertainty of the trade war, both large and small enterprises in Japan remain generally optimistic. Manufacturers maintain an optimistic outlook, as evidenced by the manufacturing PMI entering expansion for the first time in 12 months.

Jin10 data June 27th, analysts from ING, Francesco Pesole, pointed out in a report that the risk balance indicates that the US dollar may continue its fall. He stated that the upcoming US core personal consumption expenditures price index, speeches from Federal Reserve officials, and US tariff dynamics could trigger a new round of decline for the dollar. Pesole said, "Any reading below a 0.1% month-on-month level will hit the dollar." The market is closely following the interest rate cut signals released in the subsequent speeches of Federal Reserve officials Kashkari, Williams, and Harker.

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Analysts at ING Group point out that the euro against the dollar faces resistance around 1.17, and if it breaks through, it may pump to 1.20. The depreciation of the dollar and changes in Trump's policies provide support for the euro's rebound.

According to Gate news from Cryptonews, the altcoin market is about to experience a turbulent week, as some significant events that will affect market price rises and falls are set to occur in the coming days. Several projects worth following this week include Mango Network (MGO), AirSwap (AST), Blast (BLAST), Injective (INJ), Across Protocol (ACX), Optimism (OP), Berachain (BERA), and Synthetix (SNX).

Analysts at ING Group have stated that the euro has risen above 1.15 against the US dollar, but the gains are limited, primarily due to the instability in the Middle East and the risk of the US potentially intervening in the Israel-Iran conflict, making it unlikely to test the 1.1600 level in the short term.

Analyst Pesole from ING stated that if the Bank of England cuts interest rates more than the market expects, the pound may fall. The market expects the Central Bank to keep interest rates unchanged, but considering the weak data, the risk of a rate cut has increased. However, Pesole still expects the pound to appreciate against the euro.

On June 16, Francesco Pesole, an analyst at ING International, said that the Federal Reserve may be cautious about cutting interest rates at Wednesday's meeting, but this may not provide much support for the dollar. He said in a note that the Fed may use the rise in oil prices due to the Israeli-Iran conflict as a reason to resist Trump's call for interest rate cuts. However, the failure of the US dollar to sustain its initial upward momentum after the attacks on Israel and Iran began, is a symptom of the market's distrust of the dollar. He said that even dollar-positive events such as rising oil prices, coupled with geopolitical tensions, could not stop short sellers from shorting the dollar as it tried to recover.

On June 16, ING foreign exchange analyst Furpesole pointed out that the market widely expects the Bank of Japan to keep interest rates unchanged at 0.5% this week. However, in addition to any forward-looking guidance, the main focus will be on a mid-term assessment of Japanese government bond purchase operations. Despite speculation that the BOJ may reduce its quarterly purchases from 400 billion yen to 200 billion yen, the BOJ is expected to maintain the current pace. While the BoJ may not give much guidance on interest rates at tomorrow's meeting, risks are certainly skewed to the hawkish. Markets continue to underestimate the risk of a rate hike as early as July or September, priced at 10% and 25% respectively. The bank believes that the yen remains a fairly attractive hedging tool for now, especially if the US stock market faces more geopolitical shocks. The excessive rise in oil prices may weaken the appeal of the yen as a safe-haven asset, and the hawkishness expected by the Bank of Japan is renewed

Jin10 data June 16 news, data shows that gold futures pulled back after reaching historical highs during the session, with futures prices falling by 0.5%, reported at $3,433.90 per ounce. The previous contract's Opening Price was close to the historical high of $3,509.90 per ounce. Analysts from ING Group pointed out in the report that the escalation of tensions in the Middle East last Friday drove a surge in safe-haven demand, boosting precious metal prices. Analysts stated that if the conflict between Israel and Iran further escalates in the coming days, gold prices are expected to set new historical highs.

Gold futures prices have retreated amid trade concerns and geopolitical tensions, but remain at high levels. Trump threatened to impose additional tariffs on steel and aluminum, prompting retaliatory remarks from Europe. Ukraine's drone attacks on Russia have heightened geopolitical tensions, supporting gold's safe-haven attributes. Analysts at ING noted that these factors are driving gold prices.

Jin10 data reported on June 2 that Chris Turner, a currency analyst at ING, stated in a report: "The pound remains relatively supported, especially against the USD." He noted that as interest rates decline, the improvement in UK house price data on Monday may help support the UK economy. Nationwide's data shows that last month's house prices rose 3.5% compared to a year ago. LSEG data indicates that the GBP/USD rose to an intraday high of 1.3557, approaching last week's three-year high of 1.3593 USD.

Jin10 data reported on May 30, analysts from ING, Chris Turner, pointed out that the euro's trend is more likely to continue to be dominated by the performance of the US dollar. He stated that the market has fully digested the expectation of a 25 basis point rate cut by the European Central Bank on June 5. The US PCE data is the biggest catalyst for the euro today, and we expect this data may keep it within the short-term range of 1.1300-1.1400 USD.

The chief economist of the Dutch International Group pointed out that the US dollar is losing its safe-haven status, creating opportunities for the eurozone. Promoting the euro as a reserve currency will drop borrowing costs and increase stability. It is suggested that the EU act quickly to design a framework for the issuance of eurozone bonds to take advantage of the US's weakness.

Jin10 data May 28 news, analysts from ING, Francisco Pesole, pointed out in a report that the Reserve Bank of New Zealand was cautious in its stance on future interest rate cuts during Wednesday's meeting, which may allow the New Zealand dollar to continue its rise. The Chief Economist of the Reserve Bank of New Zealand, Paul Conway, and the Governor, Christian Hawkesby, also hold a cautious attitude towards further interest rate cuts. Pesole stated that the Reserve Bank of New Zealand's deviation from the easing policy stance is "obviously favourable information" for the New Zealand dollar.

According to a report by Francisco Pesole, an analyst at ING, on May 28, the recovery of the US dollar may still be limited due to ongoing market concerns about the slowdown in US economic growth and budget deficits. He stated that the rebound in the May consumer confidence survey data from the Conference Board boosted the strength of the dollar. However, to rebuild market confidence in US economic growth, more positive data support is still needed, and concerns about the deficit "will not dissipate in the short term." The dollar continues to face "downside risks" in the short term. "The unexpected rise in consumer confidence data has reduced these risks, but we remain cautious about chasing a breakthrough of the dollar index above the 100 mark."

Analysts at ING Group pointed out that the euro has risen against the dollar due to U.S. inflation data, but the rise potential is limited. Investors may continue to have a bearish outlook on the dollar, but the Central Bank's interest rate cuts still weigh on the euro. When market risk appetite improves, investors are more inclined towards high-risk currencies rather than the euro.

Jin10 data May 13 news, ING analyst Chris Turner said in a report that if the core inflation in the U.S. remains stable in April, the dollar may receive some support. This will "fuel the argument that the Federal Reserve (FED) is not in a hurry to cut interest rates." This month, the market has reduced bets on interest rate cuts and pushed back expectations for the next rate cut to September. Economists expect the core inflation rate in April to rise 0.3% month-on-month, higher than March's 0.1%.

Jin10 data May 12 news, market risk sentiment has improved, the British pound against the euro rose to a five-week high. Analysts at ING, Francesco Pesole, stated that the UK's trade situation has improved after reaching agreements with the United States and India, as well as upcoming negotiations with the European Union, which has also supported the pound. The cautious stance of the Bank of England on interest rate cuts is another supporting factor. The euro against the pound fell to a low of 0.8421, and ING believes that this currency pair has room to break below 0.84.

Analysts at ING Group predict that the British pound will strengthen due to optimism surrounding the UK trade agreement and an improvement in UK-EU relations. The UK and India have announced a trade agreement, and the UK and US may reach an agreement, while the UK-EU summit may improve post-Brexit relations. The Bank of England is unlikely to cut interest rates, and the pound is expected to rebound to a high of 1.3445 USD.

ChainCatcher news, ING forex strategist Francesco Pesole stated, "The dollar still has some room for recovery, as signals from the Trump administration indicate that their policy focus is shifting from threats and announcing massive tariffs to negotiating trade agreements."

Analysts at ING predict that the Norwegian Central Bank may cut interest rates in the future, which could hinder the recovery of the krone, causing the euro to remain in the range of 11.70-11.80 against the krone in the short term. However, they believe the euro will continue to decline, expecting the euro to fall to 11.50 against the Norwegian krone by the end of the year.

Jin10 data reported on May 2, economists at ING, Bert Colijn, stated that inflation in the Eurozone is unlikely to fall significantly in the future because the underlying resilience of the economy offsets the dampening effects of trade tariffs. Data released on Friday showed that prices in the Eurozone rose 2.2% year-on-year in April, remaining stable compared to the previous month. Colijn said that trade turmoil and the ensuing drop in energy prices have brought the inflation rate close to the European Central Bank's target of 2%. However, investors should not expect inflation to decline significantly in the coming months. He remarked, "Even if the trade war initially suppressed inflationary pressures, a robust Eurozone economy with a strong labor market and high wage growth is likely to keep inflation elevated to some extent in the coming months."

Analysts at ING Group stated that closer ties between the UK and the EU will boost the performance of the pound, and the UK safety protocol is expected to enhance economic prospects, providing the Chancellor of the Exchequer with more room for spending. It is anticipated that if the euro falls below 0.8500 against the pound, it may continue to decline to the level of 0.8430.

Analysts at ING Group pointed out that investors originally worried about Trump's trade policies abandoned the dollar in favor of the euro, but now most G10 currencies are performing stronger than the euro. Power outages in Spain and Portugal may further hit the euro, coupled with the options market showing the euro is overbought. If eurozone economic data is weaker than expected, it may unwind bets on the euro's strength. The market's optimism about weak US economic conditions and German fiscal stimulus may have diverted concerns about the eurozone economy.