The US dollar climbed to session highs late Monday after a key White House meeting involving President Trump, Ukraine President Zelensky, and European leaders. The talk centered on potential US security guarantees for Ukraine, hailed by NATO officials as a breakthrough, though details remain unclear. Current US support focuses on training and equipment, but discussions hint at stronger commitments, possibly involving a military presence, which could reshape geopolitical dynamics.
However, the peace process stalled on territorial issues with European leaders sidestepping the topic. Follow-up talks between Trump and Putin, plus further European meetings are planned as Moscow weighs its next move in this high-stakes diplomatic game.
Exclusive FX research from LMAX Group Market Strategist, Joel Kruger
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