After European Central Bank President Christine Lagarde elected not to rule out a 50 basis point interest rate hike at the bank’s July meeting, the dollar sank further in European morning trade.

The euro was up 0.3 percent at $1.0724 at 3:30 a.m. ET (0730 GMT), its highest level in a month. The dollar index, which has the most weighting in the EUR/USD exchange, was down 0.2 percent at 101.86.

The greenback has lost its momentum in recent days since the ECB shifted more clearly to signaling what would be its first interest rate hike in a decade at its July meeting, narrowing the distance in policy terms between it and the Federal Reserve.
Continue reading: https://www.heartzfx.com/dollar-falls-when-lagarde-supports-the-euro-but-the-risk-off-tone-remains-dominant/

What ever your enemy plan for you shall befall them, while you wax stronger.
Biden with his outdated brain said by this time the Ruble will be worthless, I guess he was in another planet.
Putin should tell us the abracadabra he did