EUR/USD: Threat of energy crisis to continue putting pressure on the euro – Commerzbank EURUSD Energy Germany Europe Banks
etheless, the euro is set to remain under pressure as common action across Europe is what matters, economists at Commerzbank report.“Any measures which might dampen the economic effect of high energy costs this winter can support the euro.”
“What matters for the single currency is not just one single member state deciding on effective aid measures, but that there are support measures in place across the entire currency area. Against this background, it seems problematical that on an EU-level there seems to be a conflict regarding what measures to implement.” Information on these pages contains forward-looking statements that involve risks and uncertainties.
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