FXMarketAlerts Team
FXMarketAlerts
Published at 06:25 (GMT) 17 Feb
Senior rebel representative says separatists cannot "morally" stop fighting for Debaltseve, its "internal territory." Separatists have to respond to fire from Ukranian troops, will not withdraw heavy weapons unilaterally.
BBC: Ukraine's government and separatist rebels have failed to begin withdrawing heavy weapons from the front line, despite a Monday deadline.
The two sides were given until not more than two days after the latest truce came into effect to start the pullout. The government said it would not pull back until fighting ended in the beleaguered town of Debaltseve.
On FX, ongoing focus on the fragile ceasefire - given the fighting in Debaltseve. Raising concerns over how long the ceasefire will last.
EUR/CHF at 1.0590-95. support at 1.0550/1.0500. eye Ukraine and also Eurogroup/Greece situation. Under pressure, but supported on dips by speculation of SNB, Swiss bids on dips. EUR/CHF offers at 1.0650/1.0700. In range of 1.03-1.08 on the wide for now. Toward SNB's 1.05-1.10?
USD/CHF at 0.9322-25, range of 0.9200-0.9400 for now, with focus on SNB interest in EUR/CHF.
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