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EU accepts deal to phase out Russian gas imports by late 2027

The European Union (EU) parliament announces during European trading hours on Wednesday that it has approved a deal to phase out Russian gas imports by late 2027.

Market reaction

It is difficult to ascertain the impact of the news on the EUR/USD pair, which is trading lower since the opening. As of writing, EUR/USD is down 0.3% to near 1.1700.

Euro Price Today

The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the weakest against the US Dollar.

USDEURGBPJPYCADAUDNZDCHF
USD0.30%0.75%0.48%0.27%0.29%0.28%0.21%
EUR-0.30%0.44%0.18%-0.01%-0.01%-0.02%-0.09%
GBP-0.75%-0.44%-0.27%-0.49%-0.45%-0.46%-0.53%
JPY-0.48%-0.18%0.27%-0.21%-0.19%-0.21%-0.28%
CAD-0.27%0.01%0.49%0.21%0.02%0.00%-0.04%
AUD-0.29%0.00%0.45%0.19%-0.02%-0.01%-0.09%
NZD-0.28%0.02%0.46%0.21%-0.01%0.00%-0.08%
CHF-0.21%0.09%0.53%0.28%0.04%0.09%0.08%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).

Author

Sagar Dua

Sagar Dua

FXStreet

Sagar Dua is associated with the financial markets from his college days. Along with pursuing post-graduation in Commerce in 2014, he started his markets training with chart analysis.

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