LONDON—The dollar fell to its lowest in almost two weeks on Wednesday and the euro gained, with currency traders optimistic about peace talks in Ukraine, even amid warnings about the damage to Europe’s economy. Equity markets were up in the Asian session, continuing a pick-up in sentiment on Wall Street as markets became hopeful that the Ukraine conflict could end— although this move ran out of steam as European shares opened in the red. Russia promised on Tuesday to reduce its attack on Kyiv, but the United States said it had not seen “signs of real seriousness” from Russia in pursuing peace. The dollar extended its losses on Wednesday, hitting a new thirteen-day low of 97.797, as investors changed their mind on their defensive bets. At 1107 GMT, the dollar index was down 0.4 percent on the day at 97.993. The euro rallied against the dollar, with the pair up …
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta