The dollar has weakened against a basket of currencies this morning. After strengthening due to a ‘risk-off’ market mood, news of joint EU bonds has lifted market sentiment and caused the dollar to weaken.
The US has revealed that it will immediately ban Russian oil and gas, following EU countries and the UK who have made similar pledges.
Later today, data will be released on the number of job openings in the US in January. Tomorrow, all eyes will be on US inflation figures.
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