Euro wavers amid European gas shortage fears
The euro was subdued on Wednesday, amid concerns over European energy security.
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The euro was subdued on Wednesday, amid concerns over European energy security.
The euro rallied on Tuesday, the single currency drawing support from reports that the European Central Bank (ECB) is considering a 50bps interest rat
The pound rallied on Monday, underpinned by growing bets that the Bank of England (BoE) will accelerate its current tightening cycle.
The Australian dollar got off to a poor start last week. The risk-sensitive currency being undermined by a cautious market mood.
The US dollar got off to a strong start last week, firming as the previous week’s payroll figures bolstered Federal Reserve rate hike expectations.
The big story last week was the euro’s move to parity with the US dollar, which suppressed EUR sentiment through much of the session.
The pound found itself on the defensive through much of last week as the Conservative leadership race officially got underway.
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