ING expects EUR/USD to rise to 1.1810/20

(Dow Jones) ING says EUR/USD is likely to rise to 1.1810 and 1.1820, as markets are "quiet" and the eurozone consumer confidence, due 1500 GMT, "should press 17-year highs and gently question whether the ECB is right to keep policy so loose."

According to a WSJ poll, the index for November is likely to come in at -0.9, versus -1.0 the previous month.

The European Central Bank will continue buying bonds until at least September. President Mario Draghi said the central bank will push for loose monetary policy until inflation reaches a stable target.

But Benoit Coeure suggested on Tuesday the ECB could move away from the link between inflation and bond buying.

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