Euro Sinks, US Dollar and Yen Surge as S&P Cuts Russia Rating to “Junk”
The Euro sank while the anti-risk US Dollar and Japanese Yen soared as S&P cut Russia’s credit rating to “junk” after the West strengthened sanctions.
The Euro sank while the anti-risk US Dollar and Japanese Yen soared as S&P cut Russia’s credit rating to “junk” after the West strengthened sanctions.
The Russian Ruble is about to experience the worst week in its history.
The Dow Jones and S&P 500 recovered from deep losses despite escalating Ukraine tensions. The situation still remains volatile, especially for crude oil, gold and the Euro. Ahead, Fed Chair Jerome …
Remarkable reversal sees the S&P 500 post minor gains for the week. Geopolitics remains the key driver.
The US Dollar has maintained a bullish narrative as the war between Ukraine and Russia boosts demand for the safe-haven currency as key technical levels come into play
Unless NATO is drawn into the Russia-Ukraine conflict, there’s good reason to believe that gold prices have hit their high for 2022.
Crude oil prices extended higher after Russia launched an attack on Ukraine, raising concerns about supply constraints in an already tight market. Iran nuclear talks and US release of strategic res…
The Euro continues to remain under pressure as the Russian invasion escalates. EUR/USD is likely to move lower while the ECB has some hard decisions to make.