The Russian Defence Ministry on Tuesday published footage to demonstrate it was returning some troops to base after exercises, however, US President Joe Biden said the United States had not verified the move.
The Australian dollar, typically seen as sensitive to risk sentiment, echoed the euro, rising 0.37% on Tuesday, before steadying. Overall, the dollar index which measures the greenback against six major peers, lost ground on Tuesday and was at 96.008.The greenback “shed ground overnight as the Ukraine geopolitical risk premium came out of markets, but expectations of an aggressive Fed hike cycle should keep a base for the in place,” said analysts at Westpac in a morning note to clients.
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