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Oct 14 - 07:55 AM
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EUR/USD - Dutch Gas Hits 2026 High, Adding To Pressure On EUR/USD
By Jeremy Boulton — Oct 14 - 05:40 AM
• European natgas (dutch hub) hit 2026 high at EUR 87.47 on Tuesday
• Gas prices are strongly correlated with EUR/USD
• Higher gas weighs EUR/USD as eurozone imports, US exports
• Price of gas has more than doubled since July
• EUR/USD sinking 1.1711 to 1.1153 between Aug and Oct
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gas and eurusd
(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters