EUR/USD: There is an inflation disadvantage for the Euro – Commerzbank EURUSD Inflation Banks
Inflation risk premium for the EUR is no longer justified, in the view of economists at Commerzbank.“We are convinced that there is an inflation disadvantage for the Euro. For this reason, we forecast falling EUR exchangefrom 2024 onwards. But this forecast is based on considerations that are not currently shared by the market.
“Our forecast of a strong Euro until year-end assumes that our economists’ point of view will only slowly take hold and will only put pressure on the European single currency from 2024 onwards.”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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