Euro buying is conspicuous in the early part of London. In the market, news of EU joint bond issuance has been talked about along with the topic of humanitarian corridors in Ukraine. The EU was reportedly considering issuing large-scale joint bonds to cover energy and defense spending. European stocks have turned to a sharp rise and the euro buying reaction is widespread.
Earlier, it seems that the reason why the EUR rebounded significantly was due to the consideration of joint bond issuance.
Today, it is assumed that there is a possibility that the EUR will move due to this news report.