News

EUR/USD to see small fluctuations around the 1.03 level – Commerzbank

US Dollar stays under pressure on thin holiday trading. Economists at Commerzbank expect the EUR/USD pair to hover around the 1.03 mark.

Sit back and relax, it is likely to get a bit dull

“In view of the Thanksgiving weekend, there is no data due for publication in the US. However, we are unlikely to see anything earth-shattering from the eurozone either.”

“I expect quiet Dollar markets until the weekend with small fluctuations in EUR/USD around the 1.03 level. So, let’s sit back and relax as it might get a bit dull.”

 

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. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.