Breaking: US expects Russian invasion of Ukraine to begin next week - PBS By FXstreetNews Breaking RussianFederation UnitedStates
a PBS NewsHour reporter on Twitter. Two Biden administration officials said they expect the invasion to begin as soon as next week. The reporter continued that US defense officials anticipate a "horrific, bloody campaign" that begins with two days of bombardment and electronic warfare, followed by an invasion, with the possible goal of regime change. Reportedly, the North Atlantic Council was briefed on the new intel today.
In G10 currency markets, the euro has been hit the worst, likely due to the Eurozone's economic exposure to high gas prices . Generally, risk-sensitive currencies in the G10 are also fairing badly while the yen is now doing the best and at the top of the performance table. The Russian rouble, meanwhile, has now depreciated by roughly 3.0% on the day versus the US dollar and is on course for its worst one day performance since March 2020.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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