# Asia Session: 'Reduced' Russia Operations Sparks Relief Rally; Dollar Falls | Investing.com

> Asian markets and the dollar fell on March 30 after Russia said it would reduce operations near Kyiv, sparking a relief rally in equities. Oil and gold initially fell, then recovered their losses, while OPEC+ was expected to make no surprise output changes.

- Date: 2022-03-30 · published 2022-03-30T12:00:00.000Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/42514-asia-session-reduced-russia-operations-sparks-relief-rally-dollar-falls
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Easing Ukraine tensions cut the crude risk premium and the dollar's safe-haven bid, but the move is not a ceasefire, so energy and feed prices remain volatile.

## Read by commodity

- DXY: bearish ▼
- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-04-08 | [Dollar falls as US-Iran ceasefire sparks relief rally for risk assets \| MarketScreener](https://feedsoft.ai/events/11160-dollar-falls-as-us-iran-ceasefire-sparks-relief-rally-for-risk-assets.md) | -18.9% | -8.3% |
| WTI | 2021-07-19 | [Canadian dollar falls by most in 13 months on rising risk aversion \| Financial Post](https://feedsoft.ai/events/46275-canadian-dollar-falls-by-most-in-13-months-on-rising-risk-aversion-financial.md) | +0.6% | -4.7% |
| WTI | 2025-08-05 | [Oil prices fall as OPEC+ output hikes counter Russia disruption concerns \| Reuters](https://feedsoft.ai/events/23233-oil-prices-fall-as-opec-output-hikes-counter-russia-disruption-concerns-reuters.md) | -3.4% | -1.7% |
| WTI | 2020-03-06 | [Russia ‘playing with fire’ as OPEC+ talks collapse \| OPEC \| Al Jazeera](https://feedsoft.ai/events/54051-russia-playing-with-fire-as-opec-talks-collapse-opec-al-jazeera.md) | -31.3% | -45.0% |
| WTI | 2023-02-21 | [Diesel price down, but impact of Russian sanctions may be lifting rates overall - FreightWaves](https://feedsoft.ai/events/37498-diesel-price-down-but-impact-of-russian-sanctions-may-be-lifting-rates-overall.md) | -0.9% | -11.4% |
| BRENT | 2026-04-08 | [Dollar falls as US-Iran ceasefire sparks relief rally for risk assets \| MarketScreener](https://feedsoft.ai/events/11160-dollar-falls-as-us-iran-ceasefire-sparks-relief-rally-for-risk-assets.md) | -13.7% | -8.7% |
| BRENT | 2021-07-19 | [Canadian dollar falls by most in 13 months on rising risk aversion \| Financial Post](https://feedsoft.ai/events/46275-canadian-dollar-falls-by-most-in-13-months-on-rising-risk-aversion-financial.md) | +0.6% | -4.4% |
| BRENT | 2025-08-05 | [Oil prices fall as OPEC+ output hikes counter Russia disruption concerns \| Reuters](https://feedsoft.ai/events/23233-oil-prices-fall-as-opec-output-hikes-counter-russia-disruption-concerns-reuters.md) | -3.1% | -2.2% |

## Sources

- investing.com: https://www.investing.com/analysis/asia-session-reduced-russia-operations-sparks-relief-rally-dollar-falls-200621150

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.