During the early Asian trading session, the euro depreciated against the G10 Group currency due to widespread protests over the weekend in Europe and the escalation of the Russian-Ukrainian conflict. EUR/USD fell 0.5% to 1.1186. Dragged down by the weakening of the euro, Eastern European currencies performed weaker than other emerging market currencies. The dollar rose 0.5% against the Polish zloty to 3.9071; the dollar rose 0.5% against the Hungarian forint to 324.88; and the dollar rose 0.5% against the Bulgarian lev to 1.7485. Protests in several French cities turned into clashes between police and demonstrators. The country's worst street violence in many years broke out, with robberies and landmark buildings being set on fire. Demonstrations have occurred one after another in many European countries. The protests in France were the largest, and Belgium, Italy, and Portugal were also affected.

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