EUR/USD: Pressure on Euro as the economy in the Eurozone is weakening – Commerzbank EURUSD ECB Eurozone Banks
The ECB is likely to remain concerned regarding inflation in the Eurozone, while also being hopeful that the positive development will continue.
Once again market participants have to be patient though as there will be no significant new data from the Eurozone this week. Next week’s GDP data might provide more momentum again.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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