Yen and Gold Rise as Investors Stay Nervous on Russia-Ukraine
The markets are overall mixed today, as investors are holding their breath, awaiting confirmation on whether Russia is going to invade Ukraine, or not. Gold jumps notably and is now eyeing 1900 handle on nervous sentiment. In the currency markets,...
Market Sentiment Remains Fragile as Investors eye Ukraine Escalation
Dollar stuck between opposing directional forces The ongoing tensions between Ukraine and Russia continue to be the main driving force behind market moves today as yesterday’s signs of de-escalation have completely evaporated. Specifically, the two sides are exchanging accusations over violations of ceasefire near the Eastern-Ukrainian borders,...
Sentiment Remains Fragile and Sensitive to Ukraine Situation, Aussie Shrugs Mixed Job Data
Australian Dollar rises mildly in Asian session, together with New Zealand Dollar. But both were hammed down after a Russian media reported that Ukraine forces opened fire on four settlements of the LPR. Overall market sentiment remains rather fragile and...
AUD/USD Faces Uphill Task Near 0.7280
Key Highlights AUD/USD is facing a strong resistance near 0.7250 and 0.7280. A key bullish trend line is forming with support near 0.7140 on the 4-hours chart. EUR/USD might gain momentum if it settles above 1.1400. Crude oil price is...