French President Macron: Government may decide further measures to cushion oil prices

Source Fxstreet

French President Emannuel Macron said that they will engage with several countries to limit measures to restrict exports, adding that there's obviously a need for a definition of military and political objectives in the war in Iran at a G7 leaders' video conference on Wednesday.

Key takeaways:

We will engage with several countries to limit measures to restrict exports.

G7 has agreed situation does not justify lifting sanctions on Russia.

It is obvious there is a need for definition of military and political objectives on war in Iran.

Consensus in G7 to keep position on Russia and maintain effort in favour of Ukraine.

Release of strategic reserves represents 14.5 mln barrels in France.

Government may decide further measures to cushion oil price increase for French consumers."

Euro Price Today

The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the Japanese Yen.

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.37% 0.15% 0.51% 0.14% -0.53% 0.27% 0.17%
EUR -0.37% -0.22% 0.11% -0.21% -0.88% -0.08% -0.18%
GBP -0.15% 0.22% 0.34% 0.00% -0.67% 0.14% 0.03%
JPY -0.51% -0.11% -0.34% -0.35% -1.02% -0.23% -0.33%
CAD -0.14% 0.21% -0.00% 0.35% -0.67% 0.13% 0.02%
AUD 0.53% 0.88% 0.67% 1.02% 0.67% 0.81% 0.72%
NZD -0.27% 0.08% -0.14% 0.23% -0.13% -0.81% -0.11%
CHF -0.17% 0.18% -0.03% 0.33% -0.02% -0.72% 0.11%

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).

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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