Tag Archives: USD

Support levels fell like dominoes on Thursday as the GBP/USD pair continues to react to woes related to Russia’s assault on Ukraine. Traders ditch risk-sensitive currencies like sterling in favour of safe-haven currencies like the US dollar or Japanese yen as global equities tumble, the pair is on course for …

On Wednesday, Ukraine called its citizens back from Russia and declared a state of emergency. While, Moscow began evacuating its Kyiv embassy, in the latest ominous signs for Ukrainians who fear an all-out Russian military onslaught, as per Reuters. Gold prices jumped more than 2% to their highest level in …

On Wednesday, Ukraine called its citizens back from Russia and declared a state of emergency. While, Moscow began evacuating its Kyiv embassy, in the latest ominous signs for Ukrainians who fear an all-out Russian military onslaught, as per Reuters.The lack of positive developments over the Russia-Ukraine tussle has put the …

The day started with investors optimistic about Eastern Europe developments, but the market sentiment deteriorated during the US trading session’s hours, resulting in the stronger USD against most of major global counterparts.Ukraine has declared the State of Emergency starting 24 February for 30 days amid reports from US intelligence indicating …

Benefitted from the Reserve Bank of New Zealand (RBNZ) 25 bps rate hike and its hawkish move forward guidance, the AUD/USD climbs to fresh monthly highs, around 0.7280. A sudden swing in the market mood due to elevated tensions in Ukraine decreased appetite for risk-sensitive currencies like the AUD. At …

According to US intelligence sources speaking to Newsweek, the US has informed Ukraine of a Russian plan to invade with 48 hours. An intelligence official said that the US had informed Ukrainian President Volodymyr Zelenskyy that the Russian plan would involve air strikes, cruise missiles, ground troops and cyberattacks.The US …

Any Russian incursion into Ukraine would have far-reaching economic repercussions for global economies. There will be surely winners and losers. In this particular crisis, China will likely benefit from diversion of Russian exports. Energy Sanctions on Russian gas by the United States and its allies could pay dividends for China, …

Risk aversion took over financial markets at the beginning of the week amid escalating geopolitical tensions in Eastern Europe. The US dollar managed to advance against its high-yielding rivals but lost ground against safe-haven ones. Mid US-afternoon, Russian President Vladimir Putin recognized Donetsk and Luhansk in Eastern Ukraine as independent …

Russian President Vladimir Putin on Monday called Eastern Ukraine “ancient Russian lands” and said that the region is an integral part of Russian history. Putin said that the situation in Eastern Ukraine is “critical” and talked about how modern Ukraine was created by communist Russia under Bolshevik leader Vladimir Lenin. …

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 …