Forex Flash: USD weakness will probably continue to support EUR/USD - Commerzbank
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EUR/USD
FXstreet.com (Córdoba) - Ulrich Leuchtmann, analyst at Commerzbank comments that most sectors of the market share the same positive underlying sentiment to that which has long characterized the FX market, 'the crisis is over'.
"This reduces the event risks for FX", he explains. "Even though the euro is unable to benefit from that alone, a creeping USD weakness will probably continue to support EUR-USD".
"This reduces the event risks for FX", he explains. "Even though the euro is unable to benefit from that alone, a creeping USD weakness will probably continue to support EUR-USD".
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