President Joe Biden on Wednesday offered fresh harsh words for Russian President Vladimir Putin, as he responded to a reporter’s question about the significance of Putin’s declaration of martial law in the four Ukrainian regions that Moscow has annexed. “I think Vladimir Putin finds himself in an incredibly difficult position,” Biden said. “What it reflects to me is it seems his only tool available … is to brutalize individual citizens in Ukraine.” He added that Putin is trying to “intimidate them into capitulating,” but that won’t happen.
GBPUSD appears stable: the pound is not afraid of US rhetoric
The GBPUSD pair is hovering around 1.2464 on Wednesday, with the pound appearing more stable than other currencies. More details in our analysis for 5