Forex News May 10, 2022

 

EU

The EU’s Borrell continues to discuss sanctions, but there are still some issues to work out

The EU is still unable to reach an agreement on Russian oil sanctions

Europe’s struggle for solidarity continues. Borrell says he hopes this can be resolved by the Foreign Affairs Council meeting next week, but that no one should hold their breath.

Dollar

Push and pull sees the dollar little changed on the day

The dollar regains some ground after early gains were reversed

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