2022-05-09 15:10
Market analysisEUR/USD
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Market analysis：
EUR/USD is edging lower toward 1.0500 in the early European morning on Monday. European Union Foreign Policy Chief Josep Borrel told the Financial Times on Monday that the EU should consider seizing frozen Russian foreign exchange reserves to help pay for the cost of rebuilding Ukraine after the war. Meanwhile, European Central Bank Governing Council member Olli Rehn reiterated that they may start raising rates in July but this comment failed to help the shared currency find demand.
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EUR/USD
Cyprus | 2022-05-09 15:10EUR/USD is edging lower toward 1.0500 in the early European morning on Monday. European Union Foreign Policy Chief Josep Borrel told the Financial Times on Monday that the EU should consider seizing frozen Russian foreign exchange reserves to help pay for the cost of rebuilding Ukraine after the war. Meanwhile, European Central Bank Governing Council member Olli Rehn reiterated that they may start raising rates in July but this comment failed to help the shared currency find demand.
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