# Euro: Undervaluation and ECB succession – ING

> ING analyst Francesco Pesole said EUR/USD had fallen more sharply than short-term interest-rate differentials warranted, estimating the euro to be 2.1–2.3% undervalued in the firm’s models. He expects the pair to move back above 1.120 if risk sentiment remains stable and sees the effect of ECB succession discussions on the euro as limited and short-lived.

- Date: 2026-11-09 · published 2026-11-09T09:22:35.654Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/89253-euro-undervaluation-and-ecb-succession-ing
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

If the euro strengthens against the dollar, dollar-priced feed imports could become cheaper for euro-area buyers. This is an analyst outlook rather than a new change in supply or demand.

## Read by commodity

- EURUSD: bullish ▲

## Sources

- fxstreet.com: https://www.fxstreet.com/news/euro-undervaluation-and-ecb-succession-ing-202611090912

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.