Ukraine Tensions Bruises Euro – 14 February, 2022

Tensions in Eastern Europe led investors to the safe haven dollar and yen as the uncertainty bruised the euro the last two sessions before stabilizing. The euro was up 0.12% to $1.1320, having fallen to $1.1278, its lowest in over a week. The yen was at 115.4 per dollar, having hit its strongest in a week the previous session at 114.99. Against a basket of six major peers, the dollar index was down 0.1% to 96.185. Sterling was steady at $1.354 and the Australian dollar was little changed at $0.7129.