- Analytics
- News and Tools
- Market News
- Sky is the limit for the US Dollar – Commerzbank
Sky is the limit for the US Dollar – Commerzbank
There is still room for USD upside, economists at Commerzbank say.
The Dollar is unlikely to fall significantly again
The gap between market and FOMC expectations for rate cuts has almost disappeared since the turn of the year, after having priced in significantly more rate cuts last year than the FOMC had anticipated going forward.
Now that the market and the Fed seem to be on the same page, one thing should be clear: until we see data that suggests cracks in the Fed's current story, the Dollar is unlikely to fall significantly again. As a result, it is likely to remain difficult for market participants betting on a weaker US Dollar.
© 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
