UK Military Intelligence: Russian invasion of Ukraine has largely stalled on all fronts

Dhwani Mehta FXStreet

The UK military intelligence sources reportedly said on Thursday, the Russian invasion of Ukraine has largely stalled on all fronts.

Additional headlines

Russian forces have made minimal progress on land, sea or air in recent days.

They continue to suffer heavy losses.

Ukraine resistance remains staunch, well-coordinated.

Market reaction

Risk sentiment got a fresh lift on the above headlines, as the S&P 500 futures spiked to daily highs of 4,366. The US dollar index turned south once again while AUD/USD consolidates the latest upside above 0.7300.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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