US dollar gains on safe-haven flows on possibly more Russia sanctions over Ukraine - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The dollar gained on Monday, rising for three straight sessions, as civilian killings in north Ukraine and the prospect of increased sanctions on Russia pushed investors to seek safety in the greenback.

The US currency also continued to garner support from a strong March non-farm payrolls report released Friday that backed expectations for a hefty half a percentage point tightening by the Federal Reserve at next month’s meeting.

Global outrage spread on Monday over civilian killings in northern Ukraine, where a mass grave and tied bodies of people shot at close range were found in a town taken back from Russian forces.The deaths in Bucha, outside Kyiv, are likely to galvanize the United States and Europe into additional sanctions against Moscow, possibly including some restrictions on the billions of dollars in energy that Europe still imports from Russia.

Since an intra-day trough hit on February 24 when Russia attacked Ukraine, the dollar has gained about 3%.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Propaganda.

What's the name of this guy in the dollar note

Biden’s unhinged Russophobia, pushing toward WW3, unleashing inflation, driving up food & fuel costs, is connected with the overall strategy of the ultra rich, widely imposed since the pandemic. The ultra monopolies want to wreck the global economy to demolish their competitors

May God continue to bless you Mrs LindaStouffes I never beblieve it's going to work out because I have lost a lot in different places I know one day they will face the judgment. I really appreciate LindaStouffes

I never thought of meeting a legit bitcoin trader after been scammed many times at my age but the heavens sent rachel_cargle guided me and help me make a living through bitcoin with my coinbase app, I recommend you to meet her now and also be a beneficiary of good work

Canada Canada Latest News, Canada Canada Headlines