Russian-Ukrainian tensions heat up again

While the markets were ending the week relatively calm due to the good-hearted intensions of Russia to allow a humanitarian convoy to cross into the Ukraine, things got hot again when the president of the Ukraine announced on its Web portal that the Ukrainian army had destroyed an armored Russian column that penetrated into Ukrainian soil.

This has caused risk aversion to come back into the markets and the Yen, as a safe haven bid, has started to gain some ground. The Euro and the Pound stay near lows one more time, mostly because of the risk-on mood in the markets together with the Russian Ruble.