Ukraine denies shelling separatist positions in eastern Ukraine


This relates to the previous Russian media report here and kind of continues the whole he said she said yesterday’s situation.

Risk trades rebounded a bit on the news but are still generally lower on the day as caution continues to prevail. I mean that even if Ukraine denies the attack on LPR localities, it still leaves the door open for a false flag situation. As previously mentioned:

“It is said that such an open fire in the region is not uncommon, but the fact is that the situation is now rather delicate and sensitive – hence the reaction of the market. Furthermore, there are suggestions that this could be the false flag Russia is trying to use as a pretext for an impending invasion Only time will tell how this all plays out Ukraine might have a chance to fight back and deny the headlines but we’ll see .”

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American dollars

American dollars

The US dollar (symbol $, code USD) is the fiat currency of the United States of America (USD) and the most traded currency in the world. It was introduced to the United States in the late 18th century, with paper notes not being distributed until the following century. The US dollar, also known informally as the greenback, is the world’s primary reserve currency, largely due to the importance of the US economy on the world stage. Once backed by gold (in the 1900s), the USD is now a purely fiat currency, that is, not backed by a physical commodity. The old gold standard aligned with the US dollar made gold and silver legal tender in the United States, with the guarantee that 1 USD could be converted into one and a half grams of pure gold 24 carats. However, the link to gold was eventually abolished by President Richard Nixon in 1971. Since the removal of the gold standard, the US dollar has become the world’s premier reserve currency. This means that foreign nations hold large amounts of their cash reserves in USD, which accounts for approximately 65% ​​of global foreign exchange reserves. How to trade the US dollar? traded in pairs. Any retail broker offers exposure to USD in many trading pairs, given its popularity and liquidity. The USD is involved in the majority of the most traded currency pairs, such as EUR/USD, USD/JPY, GBP/USD and USD/CHF, known as the “four majors” , and “commodity pairs”. , i.e. AUD/USD, USD/CAD and NZD/USD.

The US dollar (symbol $, code USD) is the fiat currency of the United States of America (USD) and the most traded currency in the world. It was introduced to the United States in the late 18th century, with paper notes not being distributed until the following century. The US dollar, also known informally as the greenback, is the world’s primary reserve currency, largely due to the importance of the US economy on the world stage. Once backed by gold (in the 1900s), the USD is now a purely fiat currency, that is, not backed by a physical commodity. The old gold standard aligned with the US dollar made gold and silver legal tender in the United States, with the guarantee that 1 USD could be converted into one and a half grams of pure gold 24 carats. However, the link to gold was eventually abolished by President Richard Nixon in 1971. Since the removal of the gold standard, the US dollar has become the world’s premier reserve currency. This means that foreign nations hold large amounts of their cash reserves in USD, which accounts for approximately 65% ​​of global foreign exchange reserves. How to trade the US dollar? traded in pairs. Any retail broker offers exposure to USD in many trading pairs, given its popularity and liquidity. The USD is involved in the majority of the most traded currency pairs, such as EUR/USD, USD/JPY, GBP/USD and USD/CHF, known as the “four majors” , and “commodity pairs”. , i.e. AUD/USD, USD/CAD and NZD/USD.
Read this term Still holding up most of the time although the Aussie and Kiwi gained slightly on the headlines.


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