The risk of a return hit the market in the Asian session this Friday morning.
Russia is reportedly launching a bombing attack on a nuclear power plant in Ukraine. Ukrainian Foreign Minister urged Russia to stop the attack to allow firefighters to put out the blaze.
Concerns are not only that this large -scale nuclear accident will be a disaster for Ukraine, but will also have an impact on the world.
The safe-haven currencies of the US dollar and Yen were seen strengthening at the start of trading in the Asian session this morning with risks rising again after slow market movements yesterday.
The ongoing negotiations have not yet reached an agreement in the context of the ongoing war.
A third round of talks will be held for Ukraine expecting a ceasefire period.
The US dollar met investors ’forecasts to strengthen again in the market in trading this weekend after Federal Reserve (Fed) Chairman Jerome Powell had signaled for an interest rate hike at a March meeting.
However, investors are wary of waiting for the US NFP employment data report to be published in the New York session soon.
With the strengthening of the US dollar, other major currencies in the market will certainly experience difficulties again after moving upwards on market sentiment that has slightly subsided previously.
Commodity markets also began to show effects based on price movements at the beginning of the Asian session.
Gold began to soar back to the $ 1,950 per ounce level testing the highs reached earlier this week.
Crude oil prices are also expected to rise again after the decline shown in the previous session.
