The euro is rising and the focus is still on Ukraine
The euro rose against the dollar on Wednesday, as investors awaited further developments in the Ukraine crisis after sanctions were announced against Russia for sending troops to two breakaway regions in eastern Ukraine.
The euro rose slightly on Tuesday, when it approached its lowest level since February 3rd.
The euro rose 0.1 percent against the dollar to $1.1340, after hitting its lowest level since February 14 on Tuesday, reaching $1.1286.
The Russian ruble fell 0.9 percent to 79.38 per dollar.
The dollar index, which measures the greenback against six major currencies, fell 0.1 percent to 96.949.
The New Zealand dollar rose 0.8 percent after the New Zealand central bank raised interest rates and announced that a further hike might be necessary.
The Swiss franc fell 0.1 percent against the euro to 1.0435.
The yen fell 0.5 percent to 130.47 against the euro, after hitting its highest level since February 3 at 129.34 on Tuesday.
The oil-sensitive Norwegian krone rose slightly against the euro and hit its highest level since Feb. 15 at 10.0475.
The Swedish krona rose 0.1 percent against the euro.
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