Forex Today: Volatility remains high amid Eastern Europe jitters

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Forex Today: Volatility remains high amid Eastern Europe jitters
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Forex Today: Volatility remains high amid Eastern Europe jitters By ValBednarik EURUSD Gold CryptoCurrencies Equities Ukraine

The market mood improved modestly as, earlier in the day. Ukraine confirmed the first humanitarian corridor, which allowed the evacuation from Sumy and Mariupol. So far, the UN has reported that the total number of refugees topped two million.Ukraine would no longer seek NATO membership

US President Joe Biden and UK Prime Minister Boris Johnson have announced sanctions on Russia amid its latest invasion of Ukraine. The first announced they are banning all crude oil imports from Moscow, including gas and energy, “after consulting with allies.” Theapplies to all new purchases. Market participants have already anticipated this move, as it has been making the rounds since Monday.

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