US Presi. Biden: Based on the trajectory, it is unlikely that missile fired from Russia

Dhwani Mehta FXStreet

US President Joe Biden said on Wednesday, "based on the trajectory, it is unlikely that the missile is fired from Russia."

Additional comments

“I briefed NATO and G7 members on talks with Poland.”

“Leaders agreed to support an investigation into what happened.”

“Intelligence contests that the Poland incident was caused by a missile fired from Russia.”

Seperately, Reuters reported that Donald Trump has formally entered the race for the presidency of the US in 2024.

Market reaction

The US Dollar Index is off the session highs at 106.75 on the above comments, trading at 106.57 at the time of writing. The Dollar gauge is still adding 0.16% on the day. Markets remain in a risk-off mode amid looming geopolitical uncertainty.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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