Back

Geopolitical tensions back on the rise? – Danske Bank

FXStreet (Edinburgh) - Analyst Pernille Nielsen at Danske Bank notes the likeliness of escalating tensions in the Russia-Ukraine situation.

Key Quotes

“Focus will be on the situation in Ukraine again after the international agreement to avert wider conflict in Ukraine faltered on Monday. Today US Vice President Joe Biden meets with Ukrainian Acting President and Prime Minister”.

“Russia’s foreign minister has warned about a possible Russian military intervention in Ukraine saying his country faces growing demands to ‘rescue’ its western neighbour”.

“Last week an agreement was reached in order to avert wider conflict in Ukraine but since then there have been renewed calls for new sanctions against Russia from the US after a deadly shootout in eastern Ukraine”.

“Moreover Washington has said it will hold Moscow responsible as pro-Moscow gunmen have not shown signs of surrendering government buildings they have occupied”.

EUR/JPY supported post morning dip

Currently, EUR/JPY is trading at 141.37, down -0.10% on the day, having posted a daily high at 141.71 and low at 141.21 after a morning push lower to test the hourly 200 SMA.
अधिक पढ़ें Previous

USD/CHF potential for further downside – Commerzbank

Karen Jones, Head of FICC Technical Analysis at Commerzbank, sees the possibility of further declines is still alive in USD/CHF...
अधिक पढ़ें Next