• USD strength could still has further momentum – Commerzbank

Notícias do Mercado

28 setembro 2023

USD strength could still has further momentum – Commerzbank

The 1.05 mark in EUR/USD was taken out on Wednesday. Economists at Commerzbank analyze the pair’s outlook.

US data holds the key

Durable goods orders in August were much stronger than analysts had expected before. There is more US data due for publication again today. I hope that they will be close to market expectations. If the Dollar were to then ease that would be a signal that at current levels the air is getting thin for the Dollar.

If it were to appreciate further, we would have to come to the conclusion that the trend of USD strength still has further momentum. On Wednesday, the data did not do us that favor but we have another opportunity today!

 

O foco de mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir Conta Demo e Página Pessoal
Compreendo e aceito a Política de Privacidade e concordo que os meus dados sejam processados pela TeleTrade e usados para os seguintes efeitos: