European Energy Prices Fueling British Pound, Euro Weakness - DailyFX

8/22/2022 12:00:00 AM2 years 8 months ago
by Christopher Vecchio, CFA

Both EUR/USD and GBP/USD rates hit fresh yearly lows today.

European Energy Outlook:

  • Both EUR/USD and GBP/USD rates hit fresh yearly lows today.
  • European and UK natural gas prices rallied to all-time highs, as did prices on future contracts … [+2397 chars]

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