LONDON—The euro edged up on Friday following Thursday’s sharp declines in the wake of Russia’s invasion of Ukraine. The dollar edged lower against most currencies as markets walked back some of the tumultuous moves from the previous day. Russia’s rouble also recovered some ground, trading at around 83.5 per dollar, having hit a record low…
European Currencies Hammered as Russia Invades Ukraine
LONDON—The Russian rouble tumbled to a record low and European currencies including the euro bore the brunt of selling on Thursday after Russia launched an invasion of Ukraine, sparking dramatic moves across foreign exchange markets. Investors dashed for safe-haven currencies including the dollar, which jumped 0.9 percent, as well as the Swiss franc and Japanese…
Euro Volatility Jumps as Russia Orders Troops to Ukraine Regions
LONDON—The euro one-month volatility level jumped on Tuesday to its highest in 15 months, as the single currency was hit by rising risk aversion amid a gas price surge and escalation of tensions in Ukraine. Russian President Vladimir Putin ordered troops to two breakaway regions in Ukraine, sending the euro one-month volatility to its highest…
Euro Gains, Dollar Eases on Potential Biden-Putin Summit
LONDON—The euro rallied and the dollar retreated on Monday as investors pulled capital away from safe havens after President Joe Biden and Russian President Vladimir Putin agreed in principle to meet to discuss the crisis in Ukraine. The euro rose 0.5 percent to $1.1376 after losing some ground in early trade while the dollar index…
Safe-Haven Currencies Fall on Hopes for Easing in Ukraine Tensions
LONDON—The safe-haven Japanese yen fell back on Friday and risk-sensitive currencies, such as the Australian dollar advanced as investors took comfort from a plan to hold talks between the United States and Russia over the crisis in Ukraine. The euro edged higher against a weaker dollar. The yen and rival safe haven, the Swiss franc,…
Dollar Set to Snap 2-day Losing Streak on Russia-Ukraine Worries
LONDON—The U.S. dollar is set to break a two-day losing streak on Thursday, while the Japanese yen gained, after a Russian news report of mortar fire in eastern Ukraine jangled market nerves and boosted safe haven bets. While the greenback retreated from highs in Asia after the news broke, investors remained wary that Russia will…
Dollar Falls for Second Day as Investors Worry Less Over Ukraine
LONDON—The U.S. dollar fell for a second day on Wednesday as investors became less worried about the risk of Russia invading Ukraine and awaited the release of minutes from the U.S. Federal Reserve’s January meeting. European equity markets were mixed, having rallied on Tuesday after Russia said it would withdraw some troops from Ukraine’s border….
Euro Marches Higher on Russia Troops News; Yen Struggles
LONDON—The euro rebounded on Tuesday, nearly erasing all of Monday’s losses, while the dollar’s losses deepened after reports some Russian troops in areas near Ukraine have started returning to their bases. Against the greenback, the single currency climbed 0.4 percent to $1.1354, and within striking distance of Monday’s high of $1.1369, as European stock markets…
Dollar Hits Two-Week High on Tensions Over Ukraine
The dollar rose on Monday along with the yen and the Swiss franc as investors rushed into safe-haven assets amid fears that Russia is preparing to invade Ukraine. The move came a day after the United States said Russia could attack Ukraine at any time. Russia has denied having any such plans though a senior…
Rate Hike Bets Lend Bid to the Dollar
SINGAPORE—The dollar rose in Asia on Friday after hotter-than-expected U.S. inflation and hawkish comments from a Federal Reserve official unleashed a wave of bets on aggressive rate hikes, though similar pressures worldwide kept a lid on gains. Thursday data showed U.S. consumer prices up 7.5 percent year-on-year in January, a fourth straight month above 6…
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