- Analytics
- News and Tools
- Market News
- US Dollar’s rally will come to a natural end soon – Commerzbank
US Dollar’s rally will come to a natural end soon – Commerzbank
The US Dollar (USD) has risen sharply in recent days. Economists at Commerzbank analyze Greenback’s outlook.
The end of the USD rally?
If the overall picture of aggressive rate cuts is priced into the G10 universe, the US Dollar is the currency that should benefit the most. And that is exactly what has happened. But such a process has a natural end.
Soon, assuming that the general picture remains the same: that central banks will start to cut rates at some point in the foreseeable future and that the Fed will continue to be one of the more active G10 central banks. Over time, this effect may be more or less pronounced. But as long as this remains the scenario that the market is pricing in, we are talking about two or three cents (in EUR/USD terms), not much more.
The fact that EUR/USD is more comfortable in the 1.0900 area today than in the mid-1.0800 area may already be due to this.
© 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
