Forex News April 04, 2022
- Twitter gains 27% in pre-market trading as Elon Musk discloses a 9.2% passive stake in the company.
- To put this in context, Elon is now Twitter’s single largest shareholder.
- Musk recently inquired about the creation of a new social media platform because Twitter was “failing to adhere to free speech principles and undermining democracy.”
Euro
- The euro lags in European morning trade
- EUR/USD is down 0.4 percent to a session low of 1.1010 as the euro has nearly wiped out its gain from last week, which came on the back of initial peace hopes
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