Ukrainian Troops Redeploy To East Expecting New Separatist Offensive

Ukraine said on Wednesday it was redeploying troops in the east because of fears that separatists will launch a new military offensive, despite Russia’s denials it has sent troops to reinforce the rebels.

A ceasefire agreed by the pro-Russian rebels and government forces more than two months ago is now all but dead, and Western fears of a return to all-out conflict are growing.

U.S. General Philip Breedlove, NATO Supreme Allied Commander Europe, said the alliance had seen Russian troops and tanks entering Ukraine in the past few days, confirming reports by international observers.

“There is no question any more about Russia’s direct military involvement in Ukraine,” Breedlove said in Bulgaria.

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