EUR/USD will not receive any momentum any longer if the ECB follows the Fed – Commerzbank EURUSD Fed ECB Banks
The European central bankers are copying the behavior of their colleagues in the US. Economists at Commerzbank analyze the implications forIf the ECB more or less follows the Fed in its monetary policy that does not mean that EUR/USD will not receive any momentum any longer. Just from a different angle. Because equal monetary policies under different circumstances have different effects.
However, medium-term our EUR/USD projections are nonetheless based on the difference between Fed and ECB: our central bank watchers project that the Fed will soon cut its interest rates again, whereas the ECB will keep rates at the terminal levels for the foreseeable future. That would clearly be EUR-positive.Information on these pages contains forward-looking statements that involve risks and uncertainties.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
EUR/USD pares recent losses above 1.1000 amid mixed ECB, Fed talks, Eurozone inflation, US NFP eyedEUR/USD pares recent losses above 1.1000 amid mixed ECB, Fed talks, Eurozone inflation, US NFP eyed – by anilpanchal7 EURUSD Inflation GDP Fed ECB
Lire la suite »
Trading Support and Resistance \u2013 EUR/USD, USD/JPYThis week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
Lire la suite »
Pairs in Focus This Week \u2013 GBP/USD, EUR/USD, GBP/JPYGet the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of July 30th, 2023 here.
Lire la suite »
EUR/USD: Weekly Forecast 30th July - 5th AugustThe $EURUSD finished last week of trading within sight of lows, after economic data from the U.S. caused a firestorm of activity in Forex.
Lire la suite »
EUR/USD: Further weakness loses traction – UOBThe downside momentum in EUR/USD seems to be running out of steam, note UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang. Key Q
Lire la suite »
EUR/USD can be dragged back towards the 1.0920 area – INGEconomists at ING analyze EUR/USD outlook. US disinflation is not enough to get the Dollar lower We are a little disappointed that EUR/USD did not hol
Lire la suite »