The euro is at the highs of the day and indications around peace in Ukraine might be helping as headlines from the State Department cross:
Ukraine expressed readiness to accept the US proposal to enact an immediate interim 30-day ceasefireAt Saudi meeting the US and Ukraine took important steps towards peaceUS will immediately lift the pause on intelligence sharing and resume security assistance to UkraineAgreed to conclude minerals deal as soon as possibleBoth delegations agreed to name their negotiating teamsWe're also seeing a rebound in risk assets at the moment, though the size of the move is larger than you would expect on a Ukraine headline that was largely expected.
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