It’s not whether you’re right or wrong that’s important, it’s how much money you make when you’re right and how much you lose when you’re wrong
USD
EUR/USD
The Shared currency dived to $1.1150 as the tensions between Russia and Ukraine escalated after the Washington Post has reported that Belarus is likely to join Russia's invasion.
GBP/USD
The Cable pared gains to $1.3355 on market sentiment that the geopolitical developments could dampen prospects for a 50 bps rate hike by the Bank of England at its March meeting.
USD/JPY
The Japanese yen inched up to 115.52 against the U.S. dollar on better than expected Japanese retail sales year-on-year for January 2022, earlier in the day.
AUD/USD
The Aussie dollar worn down to $0.7181 after the Australian government announced on Monday that they would provide lethal military equipment to Ukraine in response to Russian military activity last week.
USD/CAD
The Canadian dollar pressured down to 1.2806 versus the U.S. dollar as risk-off markets favored the U.S. dollar to commodity currencies.
USD/ZAR
The South African rand faded to 15.34 versus the greenback as investors digested a fresh wave of Western sanctions against Russia after launching a full-blown Ukraine invasion.
USD/MUR
The dollar-rupee surged by 15 cents to 44.10(Selling) on U.S. dollar strength, as Russia-Ukraine tussles amplified the risk-off mood across the markets.
19:50 - EUR - ECB President Lagarde Speaks
