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Mar 12, 2014
EMEA EM Express: Sanctions against Russia more and more likely to be implemented
Tensions in Ukraine continue, with the G7 announcing on Wednesday that the outcome of the referendum on Crimea's future would not be recognized, due to the fact that it violates the Ukrainian constitution and with an increasing possibility of the West imposing sanctions on Russia in response to the crisis.
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Mar 12, 2014
EUR/USD rejected by 1.3900; for now
The Euro traded higher against the Dollar in the European session but after jumping around 60 pips to test intra-week high at 1.3905, the EUR/USD was rejected by this level to price at 1.3880 in the early American morning.
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