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Euro wallows on Ukraine sanctions worries, Aussie calm before RBA - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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The euro languished near a one-week low against the dollar on Tuesday amid talk of more sanctions against Moscow following international outrage over Ukraine civilian killings.

The Australian dollar was flat, hovering near a commodities price rally-fuelled nine-month high, ahead of the country’s central bank’s decision on interest rates later in the day.

It had reached a one-month high of $1.1185 just days earlier amid increased optimism for an end to the Ukraine conflict. Bank of Japan Governor Haruhiko Kuroda put some additional pressure on the currency pair, saying the recent pace of appreciation was “somewhat rapid”, and policymakers are watching moves “carefully”.

 

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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

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