US Official: Assesses that Putin has committed 90% of pre-staged combat power into Ukraine

According to a US official, Russian President Vladimir Putin has now committed 90% of its pre-staged combat power into Ukraine, reported Reuters. 

Powell speech: Hindsight says we should have moved earlier to see inflation as longer-lasting

Federal Reserve Chairman Jerome Powell, in the second day of his semi-annual testimony before the US Congress, said that, in hindsight, we should have
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EUR/USD drops below 1.1050, to lowest since May 2020

The EUR/USD fell to 1.1046, reaching the lowest level since May 2020. It is hovering around 1.1050, falling for the third consecutive day. The euro an
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