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EUR/USD - Euro US Dollar

Real-time Currencies
Currency in
USD
Disclaimer
1.0655
+0.0012(+0.11%)
Closed

EUR/USD Discussions

US Data wise the day has no impactful releases and as the market is waiting for the confirmation of the US - EU energy deal agreement the upside looks promising. Though a drop to the Daily Pivot (1.0992) cannot be ruled out , I think it will provide a better Buy entry. Target 1.1066
Wait 1.0990 / 1.0986
https://invst.ly/xr7v4
us-eu deal means nothing , The agreement will see the US provide the EU with at least 15 billion additional cubic metres of the fuel - known as LNG - by the end of the year.The bloc has already said it will cut Russian gas use in response to Russia's invasion of Ukraine.Russia currently supplies about 40% of the EU's gas needs.That's around 216 billion cubic metres, based on Beis figures that showed Europe consumed 541 billion cubic metres in 2020. and 2030 goal is to reach 50 billion by 2030... so us supply 22 and will try to boost by 15 billion / 15 billion from 216 billion is not much!!!
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