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

  • February 17, 2025
  • -FCHFX

February 16, 2025 at 11:24PM
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 agreement

resumption 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.

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