Forex Today: Markets quiet down as risk-aversion takes a breather By eren_fxstreet Currencies Macroeconomics RussianFederation Ukraine Commodities
The dollar continues to consolidate its gains early Wednesday as investors move to the sidelines while awaiting fresh developments surrounding the Russia-Ukraine conflict. Markets remain cautious but safe-haven assets struggle to continue to gather strength mid-week.
closed in negative territory on Tuesday and was last seen posting small daily losses below 99.00. The benchmark 10-year US Treasury bond yield rose more than 4% on Tuesday and started to move sideways around 1.85% early Wednesday.snapped a five-day losing streak on Tuesday and seems to have settled above 1.0900 heading into the European session.failed to stage a convincing rebound on Tuesday but trades in positive territory above 1.3100 early Wednesday.
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