EUR/USD could rise as much as 5% if a Ukraine ceasefire is agreed followed by the resumption of gas supplies
A potential ceasefire between Russia and Ukraine seems more likely. Trump and Russian President Vladimir Putin reportedly agreed to start negotiating an end to the war in Ukraine. will depend on the details of any agreementresumption of lower-cost gas supplies, if at all, will likely be a smaller proportion compared to before Russia invaded Ukraine in 2022On the other hand:
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