Stocks dip again, dollar a bit higher as UN headline that a Russian invasion is imminent

The US stocks in pre-market trading got close to unchanged but has reversed back lower on reports that the UN sees an imminent invasion by Russia on Ukraine. Buckle up.

• The Dow is now down -120 points. The Nasdaq is down around 95 points and the S&P is down -21 points
• The price of oil is trading at $92.98, that is still down on the day, but it was lower.
• Gold Gold Gold is the most widely traded and important commodity. Prized for its historical importance and used for trading an exchange of goods, the gold market today is estimated at nearly $2.4 trillion.The value of gold fluctuates constantly, as it trades on public exchanges where it has a price that is determined by supply and demand. Gold has historically had tremendous significance and even today is extremely sought after. Gold has been used as a currency as it doesn't corrode, and the material allo Gold is the most widely traded and important commodity. Prized for its historical importance and used for trading an exchange of goods, the gold market today is estimated at nearly $2.4 trillion.The value of gold fluctuates constantly, as it trades on public exchanges where it has a price that is determined by supply and demand. Gold has historically had tremendous significance and even today is extremely sought after. Gold has been used as a currency as it doesn't corrode, and the material allo Read this Term is up $20.7 at $1892.

IN the USD, the

• EURUSD EUR/USD The EUR/USD is the currency pair encompassing the European Union’s single currency, the euro (symbol €, code EUR), and the dollar of the United States (symbol $, code USD). The pair’s rate indicates how many euros are needed in order to purchase one dollar. For example, when the EUR/USD is trading at 1.2, it means 1 euro is equivalent to 1.2 dollars. Why the EUR/USD is the Most Popular Trading PairCompared to all tradable currencies, the euro (EUR) is the world’s second most traded currency, be The EUR/USD is the currency pair encompassing the European Union’s single currency, the euro (symbol €, code EUR), and the dollar of the United States (symbol $, code USD). The pair’s rate indicates how many euros are needed in order to purchase one dollar. For example, when the EUR/USD is trading at 1.2, it means 1 euro is equivalent to 1.2 dollars. Why the EUR/USD is the Most Popular Trading PairCompared to all tradable currencies, the euro (EUR) is the world’s second most traded currency, be Read this Term has moved from 1.1378 and currently trades at 1.1362. It's 100 hour MA is at 1.13506. A move below that level would be more bearish.
• GBPUSD has moved from it's intraday high of 1.3627 to 1.3611 currently

The AUDUSD and the NZDUSD are also lower after moving to new highs for the day as NA traders entered for the day, but each are still up on the day.

Although there is a reaction, there is a bit of "the boy that cries wolf" as well.