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EUR/USD: Recovery delayed by Iran conflict – Commerzbank - FXStreet
Commerzbank
Read full speech on news.google.comEUR/USD — All Desk Targets
30 desks
| Firm | Stance | YE 2026 |
|---|---|---|
Bank of America | Bearish | 1.1200 |
ANZ | Bearish | 1.1400 |
UOB | Bullish | 1.1565 |
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EUR/USD: Recovery delayed by Iran conflict – Commerzbank FXStreet
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DESK NOTEING Economics
FX Daily: Iran fall-out coming home to roost in EUR/USD
The desk sees potential weakness in the EUR/USD pair, driven by geopolitical risks stemming from Iran that could affect European economic stability. As noted by ING Economics, these tensions not only have immediate ramifications for European energy prices but could also heighten inflationary pressures, thus complicating the European Central Bank's (ECB) monetary policies. Current consensus places the EUR/USD at 1.1500, with projections ranging from 1.1300 to 1.2000 over the next several quarters. With no major data releases upcoming, traders may need to rely on geopolitical developments to gauge market impact.
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