- Analytics
- News and Tools
- Market News
- USD strength may yet continue for a while – Commerzbank
USD strength may yet continue for a while – Commerzbank
Dollar regathers strength following short-lived correction. Economists at Commerzbank expect the greenback to remain strong.
EUR/USD to trend further to the downside
“The Fed central bankers continue to leave no doubt that fighting inflation with the help of aggressive rate hikes remains their top priority. Of course, they too see risks for the economy, but recent data publications give little cause to the financial markets to question the Fed’s determination.”
“Whichever way one looks at it: yes, it seems questionable how much further the dollar can appreciate from here. However, there are no alternatives at present.”
“The USD strength may yet continue for a while, with EUR/USD trending further to the downside.”
© 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
