Forex Today: No lasting changes to risk mood ahead of mid-tier data

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Forex Today: No lasting changes to risk mood ahead of mid-tier data
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Forex Today: No lasting changes to risk mood ahead of mid-tier data By eren_fxstreet Currencies RussianFederation Ukraine RiskAversion Commodities

The greenback weakened slightly against its major rivals in the early American session on Monday but didn't have a difficult time regathering its strength with safe-haven flows remaining in control of markets. After rising 0.75% on Monday, theseems to have gone into a consolidation phase above 99.00 early Tuesday.

According to the Financial Times, the European Union is planning to cut Russian gas imports by two-thirds in the next 12 months. Meanwhile, Reuters reported that the US could act alone to ban Russian oil imports without the participation of its European allies. The barrel of West Texas Intermediate gained 5% on Monday and was last seen rising 2% on a daily basis at $122.70.came within a touching distance of 1.

declined to $37,000 on Monday but staged a modest recovery. BTC/USD is trading in a narrow band above $38,000. After posting losses in the previous two days,Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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