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EUR/USD gaps down to print fresh lows for 2022 on stark concers over the Ukraine crisis
EUR/USD dropped to 1.1118, a fresh low for 2022 as markets open risk-off due to the heightened tensions surrounding the Ukraine crisis. However, there are also prospects of negotiations between Ukraine and Russia but there is no full picture on this as of yet. However, there are hopes of peace talks that balances out the nuclear noise in the markets. Putin said he was giving the nuclear readiness order because “top officials in NATO’s leading countries have been making aggressive statements against our country,” according to a report from Russian state news operator TASS. Besides the Ukraine crisis, Euroland ... (full story)