EUR-investors are likely to remain understandably cautious – Commerzbank EURUSD ECB Energy Banks
hikes its key rate by 25, 50 or 75 bps in September. What matters instead is whether the FX market has confidence in the ECB to significantly tighten its monetary policy despite all adversities. And in that respect, the rate hikes to a final level of just under 2% currently priced in seem far from sufficient considering a rate of inflation of just under 9%.”
“With a view to the coming winter and the threat of an energy crisis EUR-investors are likely to remain understandably cautious.”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. You should do your own thorough research before making any investment decisions.
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