Oil Price Move Is Key for Euro -- Market Talk
Dow Jones2026/08/26 10:431043 GMT - Moves in crude oil prices are an important influence on the euro as the eurozone is an oil importer, Monex analysts say in a note. "With the Strait of Hormuz disruption the euro's principal vulnerability this year, an overnight slide in crude on ceasefire reports is a welcome terms-of-trade tailwind for the bloc," Monex analysts say in a note. The euro falls 0.1% against the dollar to $1.1664 but rises against other major currencies, including sterling and the Swiss franc. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
August 26, 2026 06:43 ET (10:43 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cronos extends deadline for CanAdelaar acquisition to Oct. 15, 2026
Skye Bioscience CEO Punit Dhillon takes over CFO duties after John Sharp resigns
Fury Gold Mines highlights Eau Claire PEA with after-tax NPV5% of C$554 million, IRR 41%
ARMOUR Residential REIT declares September common dividend of $0.24 per share
Crypto prices
More
