- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- There should always be a degree of EUR skepticism – Commerzbank
There should always be a degree of EUR skepticism – Commerzbank
Yesterday's GBP reaction to the surprisingly large rate hike should be a lesson to those who are overly bullish on the EUR, in the opinion of economists at Commerzbank.
Higher EUR/USD rates in the second half of the year
The key point is that we expect positive ECB rate surprises relative to market expectations. That's the similarity with the BoE yesterday. And I will admit that this may be EUR positive for now. That's why we expect even higher EUR/USD rates in the second half of the year than we've seen recently. But at the same time, there should always be a degree of EUR skepticism. Positive rate surprises are not always positive for the currency. Yesterday's GBP reaction teaches us that.
Similar to what happened with the BoE yesterday, the market is likely to close one day for the ECB: With high interest rates, it is only following the inflationary trend, not controlling it. That would be bad for the Euro. And why? Because a central bank that only reacts to inflation can stop explosive inflationary developments, but it cannot prevent such inflationary outbreaks from happening again and again. This increases the inflation risk premium that the currency market demands to hold such a currency. That is, it weighs on the exchange rate.
© 2000-2026. 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.
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.
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
