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Ukraine says Russian invasion taking place

FXStreet (Córdoba) - Risk aversion spread across markets mid European session as Ukraine President Poroshenko said he has canceled a trip to Turkey because "the introduction of Russian forces into Ukraine has taken place".

Poroshenko will reportedly call for an emergency meeting of the UN Security Council and the EU Council to address the situation. He also called for an emergency meeting with the country's security and defence chiefs.

There has been no comments from Russia, but Moscow has repeatedly dismissed claims its forces are fighting in Ukraine.

EUR, GBPNand the chance of a bounce - Societe Generale

Kit Juckes, Global Head of Currency Strategy at Societe Generale, sees the likelihood of a rebound in both GBP and the EUR.
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