November 11, 2024 8:03 a.m
Zurich – US Dollar, Franc and Euro available with recovery. Between the US elections, the German traffic light coalition and the FOMC meeting, and the uncertainty wars, last week was the same as calm, however.
The dollar/franc pair rose from Friday evening to 0.8758 to 0.8770. Payments across Europe were as high as $1.0715 from Friday evening levels. Meanwhile, the Euro/Franken pair was surpassed by another 0.9400 points with 94 centimes.
“An eventful week lies behind us and with it the uncertainty has increased,” says Helaba in a morning comment. In particular, US trade policy is fueling Kendiken. At the same time, the US indices worsened from the Sieg republic. In Germany, a new government coalition in Germany and new elections had a very good night in spring or January (outcome open).
“All in all, the events caused considerable market fluctuations and in the end there are not only winners,” meaning to die in Expert Comments. Benefiting from US Dollar profitability. He died in a castle during October, with something positive in the cyclical structure in connection, and no speculation by Trump was allowed.
In defense the return of the Euro in US Dollars – also part of the general policy. The entire Rutsch up to the $1.0765 Marke is not behind Helaba-Experten. (awp/mc/pg)
