The US dollar stayed firm, supported by defensive positioning and solid economic data, leaving major currencies such as the euro and the offshore yuan struggling to build momentum under persistent uncertainty. The Japanese yen also drifted toward key thresholds as dollar strength and higher energy costs kept pressure on the currency.

Gold found a degree of stability after recent declines, with traders balancing geopolitical risk against the potential economic consequences of a prolonged conflict.

Take a look at today's market analysis!