EURUSD could climb 5% if (big if) Russia Ukraine ceasefire is followed by gas supply boost ...Middle East

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 2022

On the other hand:

euro is at risk from US trade tariffs, and while the US economy remains strong “A ceasefire wouldn’t mean European’s structural problems will disappear.” This article was written by Eamonn Sheridan at www.forexlive.com.

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