The Downside Threats Dominate the EUR/USD currency pairs – Commerzbank

At present, the COVID restrictions and constant lockdowns in China, the Russia and Ukraine wars, and the resulting supply chain constraints. These are having a huge and powerful impact on the Forex market.

April 26, 2022 - 01:32 PM 297 views

The Downside Threats Dominate the EUR/USD currency pairs – Commerzbank

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© The Downside Threats Dominate the EUR/USD currency pairs – Commerzbank

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At present, the COVID restrictions and constant lockdowns in China, the Russia and Ukraine wars, and the resulting supply chain constraints. These are having a huge and powerful impact on the Forex market. Besides, according to the economists, the two factors that can put heavy pressure on the euro currency are:

The pressure of the inflation downfall continues for a long time if the supply chain disruptions continue.

The uninterrupted lockdowns and COVID restrictions will have a great impact on the growth prospects of China. The Chinese downfall may indirectly affect the European continent. This is one of the reasons for the tightening of monetary policy and the increase in interest rates in the eurozone.

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