Dollar Gains Fizzle Out as Traders Reassess Risks from Poland.

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The sanctuary In choppy trading, the U.S. Dollar strengthened as markets assessed geopolitical concerns in the wake of the news that a Russian-made missile had struck NATO member Poland.

Even while the United States and its NATO partners examined the disaster, which claimed two lives, U.S. President Joe Biden said preliminary intelligence revealed that a missile fired from Russia may not have been the origin of the explosion in Poland.

Despite Russia’s denial that it was behind the explosion, the story set off a night of tumultuous trading. As investors were alarmed by the possibility of the conflict in Ukraine spreading to its neighbours.

After world leaders met in haste in response to tragic explosions that Ukrainian and Polish officials claimed were caused by Russian-made missiles, Biden spoke. The Japanese yen fell by 0.38 percent.


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