Globitair

Economic data

Euro: Energy risks weigh on EUR against US Dollar – MUFG

FXStreetUnited States of America

Euro: Energy risks weigh on EUR against US Dollar – MUFG

MUFG’s Derek Halpenny highlights continued Euro weakness, noting EUR remains the worst performing G10 currency this month despite a narrowing OAT/Bund spread and more supportive swap differentials. The analysis links renewed EUR/USD downside to rising natural gas prices and growing investor scepticism over the European economy’s ability to withstand the ongoing energy price shock.

Read the full story at FXStreetOpen in the live monitor

On the map

Related discussion groups

No group discusses this yet. Start a discussion group and attach this story.

More news about United States of America

More on Economic data