- Analytics
- News and Tools
- Market News
- USD’s strength could last for a while – Commerzbank
USD’s strength could last for a while – Commerzbank
The US Dollar (USD) raced higher after strong US inflation numbers on Tuesday. Economists at Commerzbank analyze Greenback’s outlook.
The Fed is likely to remain cautious for the time being
The Fed is likely to remain cautious for the time being, regardless of Tuesday’s surprise. Of course, this could change quickly if inflation were to fall more sharply or if the real economy were to get into trouble. But that would require hard data.
And today’s retail sales figures are unlikely to be enough to shake the Fed’s world view. As a result, the USD’s strength could last for a while.
© 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
