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Sep 4, 2014
Some good news at last from Ukraine - FXStreet
FXStreet (Guatemala) - Val Bednarik, Chief analyst at FXStreet advices with news hitting the wires overnight on a permanent cease fire between Russia and Ukraine.
Key Quotes:
“The headline triggered some relief rally among currencies, pressuring dollar more than yen but with majors confined to recent ranges”.
“Then, Russia denied the news, but a few minutes later, Putin spokesman stated that the Russian leader liked the idea”.
“Anyway, it was a pretty confusing situation that helped US stocks soared, with the S&P 500 reaching a record level above 2.009 before turning south and ending the day in red”.
Key Quotes:
“The headline triggered some relief rally among currencies, pressuring dollar more than yen but with majors confined to recent ranges”.
“Then, Russia denied the news, but a few minutes later, Putin spokesman stated that the Russian leader liked the idea”.
“Anyway, it was a pretty confusing situation that helped US stocks soared, with the S&P 500 reaching a record level above 2.009 before turning south and ending the day in red”.