{"id":509440,"date":"2022-07-28T08:51:17","date_gmt":"2022-07-28T03:21:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=509440"},"modified":"2022-07-28T09:15:03","modified_gmt":"2022-07-28T03:45:03","slug":"euro-fragile-following-a-cut-in-russian-gas-supply-and-a-looming-fed-hike","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/euro-fragile-following-a-cut-in-russian-gas-supply-and-a-looming-fed-hike\/","title":{"rendered":"Euro fragile following a cut in Russian gas supply and a looming Fed hike"},"content":{"rendered":"<p>SINGAPORE (Reuters) &#8211; The euro nursed losses on Wednesday after its sharpest drop in two weeks, as a cut in Russian gas supply sent energy prices soaring, while the dollar held ground ahead of an expected U.S. interest rate hike later in the day.<\/p>\n<p>The euro fell about 1% to $1.0108 overnight, the largest fall since July 11 and was steady in early Asia trade at $1.0139. Europe&#8217;s growth remains vulnerable to Russian gas supplies, which have become a major risk since the start of the Ukraine war.<\/p>\n<p>Flows along the Nord Stream pipe from Russia to Germany fell on Tuesday and will drop further on Wednesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE (Reuters) &#8211; The euro nursed losses on Wednesday after its sharpest drop in two weeks, as a cut in Russian gas supply sent energy prices soaring, while the dollar held ground ahead of an expected U.S. interest rate hike later in the day. The euro fell about 1% to $1.0108 overnight, the largest fall since July 11 and was steady in early Asia trade at $1.0139. Europe&#8217;s growth remains vulnerable to Russian gas supplies, which have become a major risk since the start of the Ukraine war. Flows along the Nord Stream pipe from Russia to Germany fell on [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-509440","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/509440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=509440"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/509440\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=509440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=509440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=509440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}