If you look at the spikes up some somewhere have been buying them. There is some debate about countries seeking a way around the trading USD. General thoughts are that if some one succeeds they will face the wrath of the USA's sanctions department some how or the other. Also it seems freezing a countries national bank assets is a new trick. This may make some wonder about using it for reserves. The gain in Euro usage doesn't surprise me really. Will it continue - pass.
Oh Biden has just agreed a deal with the EU on supplying them gas. I am a bit disturbed that this area or from somewhere else is predictable.
Oh Biden has just agreed a deal with the EU on supplying them gas. I am a bit disturbed that this area or from somewhere else is predictable.