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Breaking Posted 2 hours ago

UK Investigates Russian Navy Warning Shots at British Yacht

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The UK government is investigating an incident in which a Russian Navy vessel allegedly fired warning shots at a British yacht operating just outside Russian territorial waters. No casualties or escalation details have been confirmed yet. GBP/USD and EUR/USD are the pairs to watch. UK-Russia tensions historically pressure sterling, and any escalation could trigger risk-off flows, lifting safe-haven currencies like USD, JPY, and CHF while weighing on GBP.
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