Despite peace talks, Russia escalates war
Today's forex news: Despite peace talks, Russia escalates war
EUR/USD⬆️
GBP/USD⬆️
AUD/USD⬆️
USD/CAD⬇️
XAU⬆️
WTI⬆️
Market sentiment remained largely risk-related. An escalating war between Russia and Ukraine prompted safe-haven assets to gap higher at the weekly opening. The sentiment temporarily improved during the early session in the US. However, no decisions were reached. There will be a new round of negotiations in a few days, but hostilities have resumed with Moscow bombarding buildings near Kyiv.
Russia ignores sanctions and financial chaos: Russia imposes a halt to foreigners' security payments. Local stock markets will be closed on Tuesday, while the RUB plummeted to record lows against the dollar.
Western countries are also intensifying their preparations for war in the Baltic. Germany and Croatia, among other countries, announced defensive preparations.
EUR/USD approached the yearly lows before bouncing back, trading around 1.1220 now. The GBP/USD pair posted a modest intraday advance and settled around 1.3400. The commodities-linked currencies performed well against the greenback, with AUD/USD trading around 0.7250 and USD/CAD at 1.2690. Switzerland's franc and Japan's yen strengthened firmly against the dollar.
The spot price of gold hovers around $1,900 a troy ounce while the WTI barrel trades around $935.30, both higher than Friday's close.
Government bond demand pushed yields lower. Meanwhile, most global indexes traded in the red.
#Mitrade #DollarIndex #YieldCurve #Inflation #Gold #USDJPY #EURUSD #GBPUSD
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EUR/USD⬆️
GBP/USD⬆️
AUD/USD⬆️
USD/CAD⬇️
XAU⬆️
WTI⬆️
Market sentiment remained largely risk-related. An escalating war between Russia and Ukraine prompted safe-haven assets to gap higher at the weekly opening. The sentiment temporarily improved during the early session in the US. However, no decisions were reached. There will be a new round of negotiations in a few days, but hostilities have resumed with Moscow bombarding buildings near Kyiv.
Russia ignores sanctions and financial chaos: Russia imposes a halt to foreigners' security payments. Local stock markets will be closed on Tuesday, while the RUB plummeted to record lows against the dollar.
Western countries are also intensifying their preparations for war in the Baltic. Germany and Croatia, among other countries, announced defensive preparations.
EUR/USD approached the yearly lows before bouncing back, trading around 1.1220 now. The GBP/USD pair posted a modest intraday advance and settled around 1.3400. The commodities-linked currencies performed well against the greenback, with AUD/USD trading around 0.7250 and USD/CAD at 1.2690. Switzerland's franc and Japan's yen strengthened firmly against the dollar.
The spot price of gold hovers around $1,900 a troy ounce while the WTI barrel trades around $935.30, both higher than Friday's close.
Government bond demand pushed yields lower. Meanwhile, most global indexes traded in the red.
#Mitrade #DollarIndex #YieldCurve #Inflation #Gold #USDJPY #EURUSD #GBPUSD
📱 Monitor the markets in real time and seize trading opportunities on Mitrade