European Fee chief Ursula von der Leyen on Tuesday mentioned the leaks of the Nord Stream pipelines have been brought on by sabotage, and warned of the “strongest doable response” ought to lively European power infrastructure be attacked.
Key quotes
Spoke to (Danish Prime Minister Mette) Frederiksen on the sabotage motion Nordstream.
It was paramount now to analyze the incidents to get full readability on the ‘occasions and why.’
Any deliberate disruption of lively European power infrastructure is unacceptable and can result in the strongest doable response.
Market response
The information intensifies fears of extra EU-Russia tussle forward and therefore exerts draw back strain on the EUR/USD costs, holding decrease floor close to the 20-year low.
Additionally learn: EUR/USD braces for recent multi-year low round 0.9600, ECB’s Lagarde, Fed’s Powell eyed
