The dollar and the yen are rising as investors seek safe havens, while Russian markets tumble and the Ukrainian hryvnia hits a three-week low. At the same time, the euro is also falling as it appears vulnerable to a possible escalation
The dollar rose to a two-week high on Monday as investors seek safe havens amid fears that Russia is preparing to invade Ukraine.
It is possible Russia could make such a move at any time and possibly create a pretext for an attack, according to the US, which has reaffirmed its pledge to defend "every inch" of NATO territory.
(CNA)
CNA - Reuters
Contents of this article including associated images are owned by CNA
Views & opinions expressed are those of the author and/or CNA
Source