The euro’s one-month volatility jumped to a 15-month high on Tuesday, as the single currency was hurt by increased risk aversion amid rising gas prices and escalating tensions in Ukraine. Russian President Vladimir Putin ordered troops into two breakaway regions in Ukraine, sending the one-month euro volatility index to its …
Read More »How Could Looming Ukraine’s Conflict Impact Global Economy
Countries that depend on the region’s rich supply of energy, wheat, nickel and other staples could feel the pain of price spikes.After getting battered by the pandemic, supply chain bottlenecks and price jumps, the global economy is expected to be sent on one more unpredictable course by an armed clash …
Read More »The Euro Rises Supported by The Possibility of a Summit Between Biden and Putin
The euro rose on Monday, supported by news of a possible summit between US President Joe Biden and Russian President Vladimir Putin to discuss the crisis in Ukraine. Details remain unclear, but French President Emmanuel Macron’s office said the two leaders had agreed in principle to hold a summit on …
Read More »Safe Haven Currencies Fall on Hopes Over Ukraine Crisis
The safe-haven Japanese yen weakened on Friday, and risk-sensitive currencies such as the Australian dollar rose as investors took comfort from a plan for talks between the United States and Russia on the crisis in Ukraine. The Euro rose as the dollar weakened. The yen and the Swiss franc, a …
Read More »The Dollar is Falling For a Second Day as Investor Concerns About The Situation in Ukraine Recede
The dollar fell on Wednesday for the second day in a row as investors eased concern about the possibility of Russia’s invasion of Ukraine and awaited the minutes of the Federal Reserve (US Central Bank) meeting for January. Movements were small in the currency markets, and the dollar index was …
Read More »Dollar Steadies Amid Concerns Over Ukraine News
The dollar stabilized on Thursday and the Japanese yen held on to earlier gains after a Russian news report of mortar fire in eastern Ukraine rocked markets and boosted appetite for safe-haven assets. Russia-backed rebels accused Ukrainian forces of bombing lands they control in violation of agreements aimed at ending …
Read More »The Dollar is Falling For a Second Day as Investor Concerns About The Situation in Ukraine Recede
The dollar fell on Wednesday for the second day in a row as investors eased concern about the possibility of Russia’s invasion of Ukraine and awaited the minutes of the Federal Reserve (US Central Bank) meeting for the month of January. Movements were small in the currency markets, and the …
Read More »Euro Rises After Russian Forces Begun to Return to Their Bases
The euro recovered on Tuesday, recouping almost all of its losses on Monday, buoyed by reports that some Russian forces in areas near Ukraine have begun to return to their bases. The single European currency rose 0.4 percent to $1.1346, with European shares recovering with the support of those reports. …
Read More »Dollar at Two-Week High on Ukraine Tensions
The dollar rose to a two-week high on Monday as investors sought safe-haven assets amid fears that Russia was preparing to invade Ukraine. The United States said Russia could make the move at any time and could suddenly create a pretext for an attack, and on Sunday reiterated its pledge …
Read More »Betting on Raising Interest Rates Supports The Dollar
The dollar rose to an eight-day high on Friday after US inflation rose to a 40-year high and statements from a Federal Reserve official launched a wave of bets on a major hike in US interest rates. At the same time, the euro, which rose last week, is heading for …
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