ING Groep(US:ING) news flash·2025-04-29 11:57Core Viewpoint - The euro has lost its status as a preferred alternative to the US dollar, with recent trends showing a decline in its appeal among investors [1] Group 1: Currency Performance - Most G10 currencies performed better than the euro during the week [1] - The euro is currently viewed as the most overbought currency in the options market [1] Group 2: Economic Factors - Concerns over potential weakness in the US economy and optimism regarding German fiscal stimulus have shifted market focus away from worries about the eurozone's economic weakness [1] - A large-scale power outage in Spain and Portugal may further impact the euro negatively [1] Group 3: Market Expectations - If the eurozone's first-quarter economic growth data, set to be released on Wednesday, falls short of expectations, speculators may unwind their bullish positions on the euro [1]