Prices weakened at the close, but the uptrend is ongoing
European gas prices weakened overall at the close on Friday. They started the session sharply higher, supported by the drop in Russian supply (to 263…
Strong economic indicators pushed US bond yields and the USD higher yesterday. The US job report released today could reinforce these trends if it shows a sharp rebound in job creation in May or revises April data upwards, as it is likely. The EUR/USD exchange rate plunged by nearly 1 USD, just above 1.21.
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