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NATO chief urges Russia not to exacerbate conflict in Ukraine

FXStreet (Łódź) - Following Russian president Vladimir Putin's order to put the military at combat readiness, including fighter jets, along the Ukraine border, NATO Secretary-General Anders Fogh Rasmussen urged Moscow today on his twitter account to avoid any action which could “escalate tension or create misunderstanding."

Ukraine's Foreign Ministry summoned on Thursday Russian charge d’affairs in Kiev Andrey Vorobiev and passed him a letter requesting that Russia’s Black Sea Fleet on the Crimean port of Sevastopol remain on base.

Meanwhile, it was reported that Ukraine's ousted president Viktor Yanukovych was spotted in Moscow and he is now allegedly staying a Kremlin luxurious sanatorium outside the city.

Flash: Asian CB interest in GBP - Investec

Jonathan Pryor, Corporate Treasury Analyst at Investec notes that GBP/USD extended the losses from earlier in the session when UK GDP for 2013 saw minor downward revisions for Q1 and Q2 yesterday.
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GBP/USD under pressure

The GBP/USD extended its decline during the European session weighed by broad risk aversion and fell to a 3-day low of 1.6615 before finding support.
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