Dollar rose against yen to February 2016 highs amid a lack of data from Japan today and ahead of some US data and speeches by Fed members.

As of 05:59 GMT, USD/JPY rose 0.72% to 120.33, with a six-year highs at 120.46.

From the US, the Richmond manufacturing index is expected up to 2 from 1 in February.

Federal Reserve Bank of New York President John Williams is due to participate in a virtual panel discussion about the evolving role of private digital currencies at the Bank for International Settlements Innovation Summit.

Yesterday, Fed Chair Jerome Powell said he expects a 25 basis points interest rate hike at each Fed meeting if needed to arrest the inflation, which is already spiking way too high.

Powell also expects  the Fed to cut down its general budget over the next 3 years, and on the Ukraine crisis, he views it simply as a supply disruption shock, and he doesn't expect a deep impact on the US economy in the long term.

For the time being, Powell believes in moving fast to control inflation, and develop a less accommodating monetary policy, while maintaining some support for the labor sector.

Australian dollar rose against most major rivals as investors very closely follow the Ukrainian war developments.

Media outlets indicated that peace negotiations between Russia and Ukraine failed to achieve any real progress so far, threatening a prolonged crisis.

The Russian army asked the Ukrainian army and militias in the coastal Mariupol city to surrender amid a long siege.

Otherwise, Reuters reported that the EU is considering joining the US in embargoing Russian oil imports as a heavier step in sanctioning Russia for its Ukrainian invasion.

AUD/USD rose 0.1% to 0.7419 as of 16:13 GMT, with a session-high at 0.7426, and a low at 0.7373.

US stock indices declined today as investors very closely follow the Ukrainian war developments.

Media outlets indicated that peace negotiations between Russia and Ukraine failed to achieve any real progress so far, threatening a prolonged crisis.

The Russian army asked the Ukrainian army and militias in the coastal Mariupol city to surrender amid a long siege.

Otherwise, Reuters reported that the EU is considering joining the US in embargoing Russian oil imports as a heavier step in sanctioning Russia for its Ukrainian invasion.

Dow Jones fell 0.5% to 34,582, while NASDAQ declined 0.8% to 13,782, as S&P 500 fell 0.2% to 4,454.

Bitcoin declined on Monday for yet another session away from two-week highs as investor demand declines amid risk aversion.

Bitcoin is about to fall below $40,000 yet again as investors await developments on the Ukrainian crisis as peace talks falter.

Ukraine warned this weekend that if peace talks fell apart with Russia, it might lead to World War 3.

So far the negotiations failed to reach any true settlement or common ground on a ceasefire agreement.

At Bitstamp, bitcoin fell $776.33, or 1.9% to $40,516, with an intraday high at $41,505.

Bitcoin lost 2.5% on Sunday on active profit-taking away from two-week highs at $42,405.

Crypto market value fell $30 billion today to a total of $1.83 trillion as most major cryptocurrencies decline.

Goldman Sachs, the major investment bank, continued to expand its expertise with crypto trading, implementing a new kind of trade called the OTC.

It's a Bitcoin option that's non-deliverable, and it's the first such kind of trading done by a major bank in the US.