Pro-Russian Rebels Agree to Ceasefire in Ukraine

Separatist leaders in two main areas of Ukraine’s east have agreed to observe a ceasefire with Ukrainian forces until June 27, one of them, Alexander Boroday, said on Monday.

The truce is to run parallel to a unilateral Ukrainian military ceasefire declared by President Petro Poroshenko on Friday as part of a peace plan to end the insurgency by pro-Russian separatists in the Russian-speaking east that threatens the dismemberment of the former Soviet republic.

The separatists’ announcement, after talks which also involved a senior Russian diplomat and a former Ukrainian president, came after a day of high diplomacy in which the West urged Russia to use its influence to defuse the conflict in Ukraine’s rebellious east.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza