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The Euro Melts Lower Amid Rising Yields and Sinking Equities. Can EUR/USD Hold?

THE EURO, US DOLLAR, EUR/USD, NIKKEI 225, STAGFLATION - TALKING POINTS: The Euro languishes as energy prices raise concerns. APAC equities went lower as yields continue to rise. Stagflation threatens global recovery. Where will EUR/USD go? The Euro continued to threaten lower levels today as equity market routs continued on from the US lead. APAC shares went lower, except for a couple of Chinese indices buoyed as the PBOC added liquidity for the ninth day in a row.

MongiIG

MongiIG in Market News

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