SQUAWK/NEWS
Account
Theme
Account
Menu
Live News COMMODITIES ARTICLE H impact

Euro weakens to two-week low versus dollar on energy spike

At 0809 GMT, the euro fell to its lowest in two weeks against a broadly stronger dollar. Renewed Middle East hostilities lifted oil and gas prices, alongside expectations the Fed could raise rates soon.

CLDXY

0809 GMT - The euro weakens to its lowest in two weeks against a broadly stronger dollar as renewed Middle East hostilities increase energy prices.

Rising oil and gas prices, in addition to increased expectations that the Federal Reserve could raise interest rates soon--potentially as early as this…