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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”.

Australian retail sales, trade balance eyed - Westpac

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Shiozaki throws cold water on hopes for quick GPIF reform

Some of the enthusiasm seen earlier in the week to keep pushing the Yen into lower territory seems to be fading somewhat, and other than a market that was starting to get over-stretched, comments from the newly appointed Minister of Health and Welfare Mr. Shiozaki are not helping to attract additional demand into Yen crosses.
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