Forex Today: Global turmoil benefits the greenback

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Forex Today: Global turmoil benefits the greenback
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Forex Today: Global turmoil benefits the greenback By ValBednarik EURUSD XAUUSD YieldCurve Gold CryptoCurrencies

The market mood was sour, helping the American dollar to end the day with gains against most major rivals.buying an unlimited amount of 10-year JGBs at 0.25%

The yield on the 10-year Treasury note peaked at a fresh multi-year high of 2.557%, later retreating towards 2.46% and triggering a dollar’s bearish correction. d a refusal by the G7 to pay for Russian gas in roubles would lead to an unequivocal halt in supplies. Wall Street spent the day in the red, bouncing ahead of the close on news that Russia is ready to make some concessions, no longer demanding that Ukraine be “denazified” and letting the country join the EU if it remains neutral.this time hitting Shanghai. The news further exacerbated concerns related to inflation and supply chain disruptions.

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