A US defense official is saying that:

  • Russian forces arrayed around Ukraine are as ready as they can be
  • 80% in forward positions, ready to go
  • Putin has assembled near 100% of forces United States believed he would put into position for Ukraine invasion
  • United States will do as much as we can as long as we can to monitor Russian troop activity from airspace, but will protect personnel and assets
  • Assessment is that Putin is fully prepared for large scale invasion and that is a likely option
  • No sense that Ukrainian military communications have been hit by cyber attacks yet

Locked and loaded on the border.

The EURUSD is trading near session lows at 1.1310. The low price has reached 1.13054 so far today.