Comment on Dollar Down As Ukraine Crisis Weighs On Forex Market

Dollar Down As Ukraine Crisis Weighs On Forex Market

The greenback fell against the euro and yen following the Federal Reserve chief’s pledge yesterday to keep interest rates near historic lows while tensions in the Ukraine intensify. Expect forex ranges to be tight, volatility kept to a minimum, and liquidity to become thinner while watching for any developments on the geopolitical front.

 

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