"The Prime Minister is on a brief visit to Estonia and Poland to show the support of the UK for those countries' concerns over the Russian invasion of Ukraine. Having left the EU, Johnson wants to reassure fellow NATO members of the UK’s commitment.
In a speech he confirmed that UK troops would stay within the borders of NATO allies and there is no question of them becoming involved in the conflict as it currently stands.
He spoke of his concern that the conflict will lead to a prolonged crisis, and he sees sanctions that are aimed at the Russian economy as being potentially the most telling for Moscow.
Johnson believes that the Russian President’s ambitions for Ukraine will fail as the sanctions begin to bite. The exclusion of Russian banks from the SWIFT payments network will add to concerns about President Putin’s actions at home as it becomes excluded from the international financial community. Johnson wants to ensure that access to the markets is completely removed.
He went on to say that freezing the assets of Putin supporters overseas will begin to turn the tide against Putin locally.
"
Beyond Currency Market Commentary:
Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.