Very calm. Slight rise in the USD

Markets are quiet. The most noticeable move yesterday was the slight increase in the USD after Fed officials repeated more or less the message that appeared in the last Fed minutes: it will be soon important to start the discussion about the reduction in bond purchases. But they also repeated that inflationary tensions will remain transitory. The EUR/USD exchange rate fell below 1.22, but this level is already being tested this morning. The economic calendar is busier today. This could lead to a little more activity in the markets.

consumer confidence in germany and france
Share this news :

You might also read :

ES-power
November 26, 2021

EUAs finally reached 75€/t

The power spot prices faded in northwestern Europe yesterday, driven down by forecasts of stronger wind output despite the colder temperatures. The day-ahead prices averaged…
ES-gas
December 3, 2021

Mixed price evolution

European gas prices were mixed yesterday, amid unchanged fundamentals and slight drop in Asia JKM prices (-0.83% on the spot, to €105.380/MWh; -1.40% for the…
ES-gas
March 22, 2021

European prices extended losses

European gas prices continued to weaken overall on Friday, still pressured by the expected rise in temperatures this week. The drop in Asia JKM prices…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet? 

[booked-calendar]