- Analytics
- News and Tools
- Market News
- EUR/USD: Euro might come under renewed pressure on higher risk perceptions – Commerzbank
EUR/USD: Euro might come under renewed pressure on higher risk perceptions – Commerzbank
If the FX market considers the world to be more uncertain it mainly sees EUR-negative risks, Ulrich Leuchtmann, Head of FX and Commodity Research at Commerzbank, reports.
There will always be some disaster somewhere
“There will always be some disaster somewhere. As I do not know what that will be, I cannot tell whether the unpredictable will be EUR-positive or EUR-negative. But over the past quarters, higher risk perceptions was typically perceived as EUR-negative.”
“The fact that the Euro is trading at relatively high levels at present is due to the fact that there is untypically little going on at present. If that changes and if the pattern seen over the past quarters does not change, the Euro might come under renewed pressure. That is another reason why I am somewhat sceptical about current EUR/USD levels.”
© 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
