- The euro rallied after Trump announced a 90-minute call with Putin, during which they agreed to visit each other and start immediate negotiations to end the Ukraine war.
- Trump also spoke with Zelensky, who confirmed a “meaningful” discussion about security, economic cooperation, and plans for a future meeting.
The euro surged to session highs after former U.S. President Donald Trump announced a 90-minute call with Russian President Vladimir Putin, during which they agreed to visit each other and initiate negotiations to end the war in Ukraine. Trump stated that peace talks would begin “immediately.”
Technically, the euro rebounded from downtrend support, keeping attention on a potential breakout at the January range of 1.02–1.05. Bears potentially remain vulnerable as long as the pair holds above the 1.02 level.
Shortly after his conversation with Putin, Trump spoke with Ukrainian President Volodymyr Zelensky. Zelensky later confirmed the discussion, describing it as “meaningful” and mentioning plans for a new agreement on security, economic cooperation, and resource partnerships.
For the exact date and time of these major economic events, import the BlackBull Markets Economic Calendar to receive alerts directly in your email inbox.
