• EU’s von der Leyen: Putin's aggression must be a strategic failure

Market news

24 May 2022

EU’s von der Leyen: Putin's aggression must be a strategic failure

European Commission President Ursula von der Leyen is on the wires now, via Reuters, making some comments against Russia’s invasion of Ukraine.

Key quotes

“Playbook of Russia’s aggression comes straight out of another century.”

Russia is "treating millions of people not as human beings but as faceless populations to be moved or controlled or set as a buffer between military forces, trying to trample the aspirations of an entire nation with tanks.”

“Ukraine "must win this war".

“Putin's aggression must be a strategic failure.”

Market reaction

EUR/USD shows little reaction to the above comments, as it keeps its renewed upside above 1.0700.

Market Focus
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