EUR/USD to challenge the 1.15 support as ECB maintains policy patience – Westpac
14.10.2021, 07:10

EUR/USD to challenge the 1.15 support as ECB maintains policy patience – Westpac

The European Central Bank (ECB) sees inflation pressures as transitory and have indicated that the next “live” meeting is in December. Rising inflationary data may pressure EUR/USD to breach 1.15, economists at Westpac report.

Supply costs and labour constraints are hampering activity

“Core members of ECB have recently underscored their desire to avoid any premature withdrawal of accommodation and have also stressed that current upside inflationary pressures are mostly transitory. By stressing this, they have effectively pushed back on any potential for early ‘recalibration’ of either the PEPP (due to end in late Q1) and APP at least until the staff projections are updated in December.” 

“A distinct waning in survey data of late while inflation reads have remained high has highlighted that supply costs and labour constraints are hampering activity. This should increase attention on flash Oct PMIs.”

“The cautious stance of ECB puts it at the dovish end of the shifts in global CBs towards tapering or hiking and is likely to cap any EUR/USD rebounds and sustain pressure on 1.15 support.”

 

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

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.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik