- Analytics
- News and Tools
- Market News
- EUR/USD: Threat of energy crisis to continue putting pressure on the euro – Commerzbank
EUR/USD: Threat of energy crisis to continue putting pressure on the euro – Commerzbank
Today, an expert commission is expected to publish details about measures to ease the impact of high gas prices proposed by the German government. Nonetheless, the euro is set to remain under pressure as common action across Europe is what matters, economists at Commerzbank report.
EU-conflict about aid measures
“Any measures which might dampen the economic effect of high energy costs this winter can support the euro.”
“What matters for the single currency is not just one single member state deciding on effective aid measures, but that there are support measures in place across the entire currency area. Against this background, it seems problematical that on an EU-level there seems to be a conflict regarding what measures to implement.”
“The threat of the energy crisis is likely to continue putting pressure on the euro.”
© 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
