Forex Today: Safe-haven assets in demand ahead of Russia-Ukraine talks, Powell testimony By eren_fxstreet Currencies Majors Macroeconomics RussianFederation Ukraine
Safe-haven flows took control of markets in the second half of the day on Tuesday as Russia's ongoing aggression against Ukraine despite harsh sanctions imposed by western nations forced investors to seek refuge. Market participants are increasingly worried about the potential negative impact of a prolonged Russia-Ukraine war on global economic activity.
ignored the negative shift witnessed in risk sentiment and managed to push higher on Tuesday. BTC/USD is trading in a relatively tight range near $44,000 early Wednesday.registered gains for the second straight on Tuesday but seems to have gone into a consolidation phase after testing $3,000. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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