- Analytics
- News and Tools
- Market News
- EUR/USD to struggle as ECB hesitates to make a clear commitment to combat inflation – Commerzbank
EUR/USD to struggle as ECB hesitates to make a clear commitment to combat inflation – Commerzbank
Will the prices continue to rise? The European Central Bank (ECB) has not made a clear commitment to combat inflation yet. Until then, the euro is set to remain under pressure, economists at Commerzbank report.
The Fed will take action against inflation in an aggressive and rapid manner
“The Fed has already made it very clear that it will not remain idle but will take action against inflation in an aggressive and rapid manner. The ECB has yet to make this commitment. If we do get it, the euro is likely to benefit. The sooner, the better for the euro.”
“Until the risk of an energy crisis and considerable economic effects as a result of the Ukraine war have not been banished, the ECB is likely to hesitate to make a clear commitment. And as a result, it will also be a while before the euro can appreciate on a sustainable basis.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
