Euro - ECB-Photo by Mika Baumeister on Unsplash

The euro weakened against the US dollar as rising energy costs and global tensions hurt confidence. Its direction now depends on whether the situation improves or drags on, keeping pressure on Europe’s economy.

Steel melting pool - Photo by Kateryna Babaieva on Pexels

EU Council and Parliament negotiators have reached a political agreement on new measures to counter the negative effects of the global steel surplus including lower import quotas and increased custom duties.