Euro Tanks as Ukraine Tensions Boosts US Dollar. Will EUR/USD Go Lower?
The Euro has steadied in Asia today after Friday’s volatility saw the US Dollar in demand on Ukraine conflict concerns. Where to next for EUR/USD?
The Euro has steadied in Asia today after Friday’s volatility saw the US Dollar in demand on Ukraine conflict concerns. Where to next for EUR/USD?
USD/JPY may stage another attempt to break out of the yearly opening range as the US Retail Sales report is anticipated to show a sharp rebound in household spending.
Nasdaq 100 gains amid improved risk appetite on signs that geopolitical tensions in Eastern Europe involving Russia and Ukraine may be easing
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EUR/USD may stage a larger rebound over the remainder of the week as the exchange rate halts the series of lower highs and lows from the monthly high (1.1495).
Bitcoin prices have continued to climb higher after easing Russia-Ukraine tensions supported riskier assets, pushing BTC/USD towards the February high.
NZD/USD is edging higher to start the Asia-Pacific trading week as markets monitor the fragile situation in Ukraine, with many fearing a potential invasion as soon as this week.
US PPI data increased more than expected for January, hinting that inflation pressures may continue to remain sticky.
Reduced tensions in Russia briefly helped USD/ZAR touch 15.00 but weaker rand-linked commodities poured cold water on risk on sentiment.
After days with no sign of de-escalation, the Russian defense ministry reports that some troops are returning to base after completing military drills. Markets respond.