Keeping an eye on the US dect ceiling event risk, possible USD negative effects – Commerzbank UnitedStates DollarIndex Banks Politics
t of view of Ulrich Leuchtmann, Head of FX and Commodity Research at Commerzbank, there are reasons why we should not ignore the debt-ceiling issue completely.“In conversations, I am often told: it has always worked out in the past; the debate about the debt ceiling is part of the US political foofaraw, in the end an agreement is always reached. And indeed, I tend to agree with that point of view.
“It is not a case of creating a panic if I suggest keeping an eye on the event risk of fiscal chaos in the US and the possible USD negative effects if you are going to enter USD longs. Even if it is likely that it will all end well yet again.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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