Macro News – English
Europe’s energy risk weakens the euro
- A worsening EU energy situation can drag on the economy. Energy shortages may weaken growth and reduce how much central bank support can help. This backdrop supports the case for favoring the U.S. dollar over the euro on rallies.
Macro News – Urdu
Europe ki energy risk: Euro ke liye bearish factor
- EU ki energy situation kharab hoti ja rahi hai, jo economy ko slow kar sakti hai. Energy shortage growth ko kamzor karegi aur central bank support ka asar bhi limited hoga. Is liye rallies par U.S. dollar ko euro par tarjeeh dena behtar lagta hai.