- Analytics
- News and Tools
- Market News
- EUR/USD to trend weaker again – Commerzbank
EUR/USD to trend weaker again – Commerzbank
High inflation rates in the eurozone hardly move the euro at all. Economists at Commerzbank expect the EUR/USD pair to trend lower again.
Even the smallest inflation shock could cause an unfortunate dynamic
“As inflation expectations have already become de-anchored from the 2% target, I fear that even the smallest inflation shock could cause an unfortunate dynamic. That is, even more, the case if the market assumes that the ECB will not hike its interest rates sufficiently strongly in reaction to higher inflation rates because it is taking the economy into consideration.”
“Sooner or later the euro is likely to trend weaker again, particularly against the US dollar, as the market considers the Fed to be much more committed in its fight against inflation.”
© 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
