There are good and bad reasons for entering USD shorts – Commerzbank DollarIndex Fed EURUSD Banks
ad reasons for entering USD shorts, in the view of Ulrich Leuchtmann, Head of FX and Commodity Research at Commerzbank.Anyone who believes that the Fed will start cutting interest rates quite early next year can use that as an opportunity to hold USD shorts for a horizon of one or two quarters.
On the EUR side, there is also the potential for disappointment, as at the same time there are excessive ECB expectations in the market. Therefore, there will undoubtedly be weeks in which the EUR/USD will ease. This means that if you are trading with a horizon of a few days or weeks, I think you have less reason to sell the US currency.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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