Dollar weakens against major currencies As investors sell the dollar as a safe-haven currency after easing concerns about the Ukrainian crisis
The dollar was also pressured by the appreciation of the euro. That has jumped on expectations that the European Union (EU) is preparing to issue bonds to bring in revenue to offset defense and energy costs.
As of 12:06 a.m. PST, the dollar index, which measures the dollar’s movements against the six major currencies in a basket, was down 1.04% to 98.03, while the euro gained 1.67% to 128.17 yen and jumped. The dollar rose 1.51% to $1.106, while the dollar fell 0.16% to 115.85 yen.
Investors expect war in Ukraine nearing an end. After news that Ukraine had abandoned its intention to become a member of the North Atlantic Treaty Organization (NATO), Russia said its talks with Ukraine were progressing.
The Russian authorities said today that Peace talks between Russia and Ukraine to resolve the conflict are progressing. And Russia has no intention of overthrowing the Ukrainian government.
“The talks have made progress,” said Russian Foreign Ministry spokesman Maria Zakharova. It identifies three rounds of peace talks between the Russian and Ukrainian delegations.
Ms. Zakarova said Russia has no intention of occupying Ukraine. or overthrow the Ukrainian government
“The army’s goal is not to occupy Ukraine. or destroy the statehood of Ukraine or overturn the Ukrainian government and there are no targets against civilians,” Ms Zakarova said.
Kremlin spokesman Dmitry Peskov said Russia wanted to negotiate a new round of peace with Ukraine. As soon as the Ukrainian delegation is ready
In addition, Mr Peskov also said that Talks between Russian Foreign Minister Sergei Lavrov and Ukrainian Foreign Minister Dmitro Kuleba Tomorrow in Turkey Considered important in the discussion process to find a solution to the crisis in Ukraine.