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US dollar falls after Federal Reserve cuts ratesThe dollar sold off against most of its peers after the Federal Reserve fell short of delivering on market expectations for a "hawkish cut" last week.
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The worsening humanitarian and security crisis brought about by the Russian invasion of Ukraine continues to buffet financial markets.
Markets generally stabilised on Wednesday following a hectic few days, with hope of a possible ceasefire between Russia and Ukraine providing a bit of a relief from the recent sell-off.
Financial markets remained volatile on Tuesday as investors continue to digest the latest news out of the Russia-Ukraine conflict.
Developments on Russia’s invasion of neighbouring Ukraine have continued to dominate news headlines in financial markets so far this week.
In the end, US intelligence warnings were fully vindicated as Putin launched a full-scale invasion of Ukraine on Thursday.
Financial markets were left reeling on Thursday morning on the news that Russia had launched a full-scale military assault on Ukraine, with reports of missile strikes and explosions in major cities.
Most currencies traded in a fairly volatile fashion on Tuesday amid contrasting headlines out of the Ukraine crisis.
Investors remained on edge on Monday, with concerns surrounding the ongoing tensions between Russia and Ukraine triggering safe-haven flows into the likes of the Japanese yen and Swiss franc.
