Breaking: EUR/USD slumps under 1.0400 with Russia tensions in focus

Market news

12 May 2022

Breaking: EUR/USD slumps under 1.0400 with Russia tensions in focus

EUR/USD fell below the 1.0400 level for the first time since January 2017 on Thursday, with the bears now eyeing a test of 2017 lows in the 1.0340 area. EUR/USD's on-the-day losses now stand at over 1.1% as traders dump the euro in favour of the safe-haven US dollar amid heightened worries about tensions between the EU and Russia amid the latter's ongoing invasion of Ukraine.

Currencies. Daily history for Thursday, May 12, 2022

Commodities. Daily history for Wednesday, May 11, 2022

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