- Analytics
- News and Tools
- Market News
- EUR/USD: Drop below parity seems a matter of time – Commerzbank
EUR/USD: Drop below parity seems a matter of time – Commerzbank
EUR/USD stays above parity. However, the pair is set to eventually fall below the 1.00 level, economists at Commerzbank report.
The news flow remains challenging for the euro
“In an extreme case, the market might assume that a significant widening of spreads, for example in Italian bonds, might cause the ECB to tighten monetary policy more carefully than previously signalled. That means that the news of a government crisis in Italy and spread widening could have had a negative effect on EUR.”
“The news flow remains challenging for the euro though and it, therefore, seems a matter of time when the final straw will then cause EUR/USD to ease below parity.”
© 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
