eFXdata reports that analysts at Credit Agricole CIB Research discuss the consequences from the unfolding crisis in Afghanistan on EUR/USD.

"We think that one important risk is that the latest developments could trigger a wave of displaced civilians that could head towards Europe in a repeat of the 2015 refugee crisis triggered by the civil war in Syria... In turn, this fueled national-level political risks that intensified in 2017 and escalated into EUR existential risks sending EUR/USD to multi-year lows."

"The question for many EUR-investors is whether the political crisis in Afghanistan would fuel another EUR existential crisis? We think that the answer is no..."