Russia's Gazprom (GAZP) halted gas supplies to Poland and Bulgaria, EU energy groups prepare to pay for Russian gas in roubles. The greenback remains attractive due to increasing concern over global growth amidst China’s lockdowns and aggressive Fed rate hike bets. Additionally, the US dollar remains supported following the USD/JPY upsurge. The Euro is [...]
The rising expectations that the Federal Reserve will deliver bigger rate hikes in the months ahead to tame inflation favors the greenback. Talks on fresh Russia sanctions weighs on the Euro. ECB’s Schnabel comments that Central bank will hike rates but depending on incoming data. The US dollar was strengthened at the start of [...]
The hopes that war in Ukraine might be entering in to a new de-escalating phase favors the Euro. Rising bets over an interest rate hike by the ECB underpins the Euro bulls. ECB's Lagarde says Cost of living in Europe will Spiral as Ukraine war drags on. The Euro edged higher against the US [...]
Euro climbs up against the greenback amidst cautious optimism on overcoming Russia - Ukraine crisis. Recent jump in China’s covid which caused fresh lockdowns in multiple cities weighs on the market sentiment. The U.S. Federal Reserve is widely expected to raise interest rates when it concludes a two-day policy meeting on Wednesday. Euro trades [...]
