EUR/USD to remain on the back foot amid large difference between Fed’s and ECB’s monetary policy – Commerzbank

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EUR/USD to remain on the back foot amid large difference between Fed’s and ECB’s monetary policy – Commerzbank
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EUR/USD to remain on the back foot amid large difference between Fed’s and ECB’s monetary policy – Commerzbank EURUSD Banks Ukraine Fed ECB

in the US is relatively certain this is still uncertain in the eurozone, economists at Commerzbank report.“No doubt a solution of the conflict and an end of the war would be positive for EUR. However, doubts as to how much EUR would be able to appreciate in the end are justified.”

. The US central bank is prepared to fight inflation now whereas the ECB is still hesitating. And that does not exactly point towards EUR appreciating against USD at present.”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.

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