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Euro the value of the US dollar fell close to a two-year low, Ukraine the war is overshadowing the economic recovery of the eurozone from the Covid-19 pandemic.
“Investors have gotten rid of European stocks this week, accelerating [to cenu] “The fall, which began late last month and has accelerated over the past two days,” said Michael Hewson, an analyst at CMC Markets.
European and British gas prices rose to record levels due to supply disruptions caused by Russia’s attack on Ukraine.
The Dow Jones Industrial Average fell 0.5% to 33,614.80 points on Friday, the Standard & Poor’s 500 fell 0.8% to 4,328.87 points and the indexNasdaq Composite “decreased by 1.7% to 13,313.44 points.
London Stock Exchange Index FTSE 100 fell 3.5% to 6987.14 points on Friday, Frankfurt Stock Exchange Index DAX 30 fell by 4.4% to 13,094.54 points, while the Paris Stock Exchange index CAC 40 fell by 5.0% to 6,061.66 points.
New York WTI’s crude oil price rose 7.4% to $ 115.68 a barrel on Friday. The price of Brent crude rose 6.9% to $ 118.11 a barrel on the London Stock Exchange.
The euro depreciated against the US dollar from $ 1.1066 to $ 1.0916 per euro on Friday, the British pound depreciated against the US dollar from $ 1.3348 to $ 1.3248, and the US dollar depreciated against the Japanese yen from 115.46. to 114.78 yen per dollar. The euro fell against the pound sterling from 82.91 to 82.60 pence per euro.
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