At the beginning of the week, the European currency will be under selling pressure, and the energy crisis and uncertainty about the new British prime minister
At the beginning of the week, the euro and pound are likely to be under selling pressure. In Europe, Russia has not restarted the Nord Stream 1 natural gas pipeline to Europe. Due to the occurrence of a new problem, the company will suspend supply indefinitely until the problem is resolved. European gas prices rose […]
Buying back to the euro, European natural gas futures are slowing down
In the early stages of London, there was a buyback in the euro market. The rise in European natural gas futures has come to a halt today, prompting euro buying. The euro is reluctant to fall against major currencies such as the dollar, the yen and the pound. Recently, the EUR seems to react sensitively […]
July Eurozone consumer price index rose further to 8.9% year-on-year, responding to euro buying
The July Eurozone consumer price index was + 8.9% year-on-year, up further from the previous June’s + 8.6%. It exceeded the market forecast by 8.7%. The year-on-year rate of change was + 4.0%, which was higher than the market forecast of + 3.9% and the previous June’s + 3.7%. In addition, the preliminary figure of […]
Nervous market, reaction to risk trends is unstable
Looking at the stock market, the foreign exchange market is showing quite nervous price movements. Yesterday, the Dow Jones Industrial Average plummeted to $ 1200 at one point due to the deterioration of the financial results of US retailers. It looks like the weakness of the stock market has been revealed recently. The dollar-yen pair […]
As it is easy to make adjustments on weekends, to confirm the strength of the flow of dollar buying
The dollar’s appreciation is getting stronger this week. The background is that the hawkish stance of the US financial authorities has been shown again. Fed director Brainard, who is believed to be dovish, said he would “shrink the balance sheet at a rapid pace in May,” inviting dollar buying. In addition, many members supported a […]
Expectations for ceasefire talks will increase as euro buying strengthens
In the early part of London, the movement to buy euros is increasing. Today, a ceasefire talks between Ukraine and Russia are being held face-to-face in Istanbul, Turkey. The Russian side has reported that it will issue a statement after the talks, and the market seems to be raising expectations for the agreement. There are […]
ECB officials are cautious The euro’s topside continues to be heavy
Eurodollar is around 1.1440, and the top price is getting heavier again. The Euroyen softened from rubbing around 130.70 to around 130.50. The euro is weak against the pound. Several ECB officials have shown a cautious stance. “There is still a lot of slack in the eurozone economy,” said Central Bank Governor Lane Finland. “Eurozone […]