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Tensions around Ukraine keep easing - BTMU

FXStreet (Barcelona) - Lee Hardman, FX Analyst at the Bank of Tokyo Mitsubishi UFJ, observes that geopolitical tensions around Russia and Ukraine are diminishing.

Key Quotes

"Investor concerns over the threat posed by escalating geopolitical tensions related to developments in the Ukraine have also continued to ease in the near-term after US Secretary of State Kerry and Russian Foreign Minister Lavrov met yesterday in Paris with further talks also expected to seek an acceptable outcome to Ukraine. According to Interfax news service, Russian Foreign Minister Lavrov stated that he was in agreement with Kerry on “the need to seek common ground on the diplomatic path for an exit from this situation that will meet the interests of the Ukrainian people”."

"Russia wants the Ukraine to grant greater powers to its regions, have a non-aligned status outside NATO, and make Russian an official second language. US Secretary of State Kerry stated that “any real progress in the Ukraine must include a pullback of very large Russian force that is currently massing along the Ukraine’s borders”."

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