White House: US won't recognize 'illegal' Russian annexation of Ukraine territory – by fx_ross UnitedStates DollarIndex RussianFederation
Reuters reports that the United States will not recognize Russian-annexed areas across Ukraine amid what the White House on Wednesday called "illegal and illegitimate" referendums that were manipulated by Moscow and would be challenged internationally.
Such rhetoric will not do risk sentiment any favors with already very nervous financial markets that have propelled the safe-haven dollar to a two-decade peak on Wednesday. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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