The breaking news about a “permanent” ceasefire between Ukraine and Russia triggered a relief rally that sent EUR/USD up alongside stock markets. The much needed good news from the region could be short lived.
Is it all over for real? Here are 5 reasons to doubt the move:
The link reveals all 5 reasons to remain cautious regarding a ceasefire.
One that is not mentioned is that any news that comes from official sources in Kiev seems to be pure propaganda over the past couple of months from what I've seen.
Perhaps the "liberation" of Eastern Ukraine is not going as well as anticipated by the EU puppets in Kiev?
A risk off environment could arise quickly given the time of year and geopolitical background.