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 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 US dollar rallied again on Wednesday, following the release of a hotter-than-expected US inflation print.
The US dollar trended broadly higher again on Tuesday, bolstered by a gloomy market mood.
The US dollar roared higher on Monday, bolstered by Federal Reserve rate hike bets and a gloomy market mood.
The euro fell off a cliff last week, with the single currency coming within a hair’s breadth of parity with the US dollar.
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