EUR/USD: Euro to benefit from the apparent failure of Fed monetary policy – Commerzbank

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EUR/USD: Euro to benefit from the apparent failure of Fed monetary policy – Commerzbank
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EUR/USD: Euro to benefit from the apparent failure of Fed monetary policy – Commerzbank EURUSD ECB Banks Fed

Ulrich Leuchtmann, Head of FX and Commodity Research, highlights how quickly the US Dollar could lose its safe haven status. AS

“So far, I have found nobody who projects a rate cut, but I expect the first projections of this nature during the day if nervousness does not ease immediately.” “That is how quickly the Dollar can lose its status as a safe haven, which it enjoyed against the Euro recently!”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.

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