Ukraine Hopes Hit the DXY
The US dollar has turned sharply lower off news that the Russian war on Ukraine may be easing. Putin made some positive remarks about peace talks with Ukraine however we have no further details at this time. The DXY has turned sharply lower from relative highs at 98.82. A red triangle on the KRI suggested that we were meeting resistance here anyway. Watch for support at 98.22, then 97.89.
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