The
Ukrainian president has accused Russia of sending troops across its borders
into Ukrainian territory to help the Pro-Russian Separatists, which have
advanced into another very important Ukrainian city. This news has rattled the
financial markets and the investors and traders have sought the shelter of
haven currencies like the Japanese Yen or the Swiss Franc. On the other hand,
the Euro stays steady, but it could feel the effects of this news in the coming
days, due to a rise of risk aversion. The Single Currency remains vulnerable to
further loses if the geopolitical issues don’t calm down or until the economic
fundamentals from the Eurozone show some strength.
The situation stil very tense.
ReplyDeleteI doubt the situation in the region would get better any time soon.
ReplyDeleteVery important article that we should follow the developments.
ReplyDeleteIt's not looking good.
ReplyDeletethe situation is very bad on the euro zone.
ReplyDeleteGreat post! Congratulations.
ReplyDeleteThe situation is realy dificult.
Great article.
ReplyDelete