Russian Defence Ministry: Obtained documents that prove Ukraine planned an attack against Donbass in March

Anil Panchal FXStreet

As the global markets take a sigh of relief from the Ukraine-Russia crisis due to Kyiv’s dumping of NATO plans, Reuters quote Russian Defence Ministry to challenge the sentiment.

“Obtained documents that prove Ukraine planned an attack against Donbass in March,” the news said.

However, another piece of Reuters quoting the UK Defence Intelligence keeps the risk-on mood intact as it said, “Russian forces failing to make any significant breakthroughs in fighting north of Kyiv.”

Market implications

The news failed to move the markets as the S&P 500 Futures and Eurostoxx 50 Futures both print mild gains by the press time. The same weigh on the US Dollar Index (DXY) and keep the EUR/USD prices above the 1.0900 threshold.

Read: EUR/USD floats above 1.0900 as bulls and bears jostle over Ukraine crisis, inflation fears

Author

Anil Panchal

FXStreet

Anil Panchal has nearly 15 years of experience in tracking financial markets. With a keen interest in macroeconomics, Anil aptly tracks global news/updates and stays well-informed about the global financial moves and their implications.

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