cf. [EUR] The Ukraine Tension and the Falling EURO 2022 0220
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Vladimir Putin has declared the special
military operation in Donbas, eastern Ukraine.
The news medias reported the Russia would
attack on Donbas but Putin denied the occupation.
Putin approved the operation while UN Security
Council meeting, and he commanded the arrangement of so-called the peacekeeping
forces by Russia troops on Donbas on Tuesday.
As the report of Putin’s
command is released in the early morning Thursday (GMT), the Dollar Index began
to surge. The Dollar Index rose 0.12 percent to 96.206 on Wednesday.
The euro sank
to a three-week low to the safe-haven dollar on Thursday while riskier
commodity-linked currencies like the Australian dollar weakened amid
intensifying fears that a full-scale Russian invasion of Ukraine was imminent.
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