- Analytics
- News and Tools
- Market News
- Everything is possible for the Dollar at present – Commerzbank
Everything is possible for the Dollar at present – Commerzbank
Since Friday, the market has been dominated by fears of a renewed US banking crisis. Economists at Commerzbank note that the Dollar could trend toward either direction.
USD to appreciate if the situation settles down
“If the situation settles down, the Dollar is likely to appreciate as a result of recovering Fed rate expectations.”
“If nervousness remains high and if global contagion effects are feared, the Dollar might benefit in its role as a safe haven. However, if the crisis remains limited to the US, as it would seem for now, the USD might suffer a double blow – as a result of the adverse US risk environment that reduces the USD premium as a safe haven currency and due to possibly reduced scope for the Fed to react appropriately to inflation risks.”
© 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
