Deepening Crisis in Ukraine Pushes Yen Higher – 21 February, 2022

The safe haven yen was was floating near a three week high as tensions between Russia and Ukraine left them standing on the bring of a war. The yen was roughly 0.2% higher at 114.50 per dollar, while the euro fell 0.1% to a one week low of $1.1297. The Swiss franc was at a one month high in overnight trading, and the pound was down 0.1% to $1.3590. The Australian dollar fell about 0.1% to $0.7182, while the kiwi was slightly soft at $0.6695. The dollar index was steady at 96.083.