Market Analysis: The dollar remains stable after negotiations in Ukraine.
The U.S. dollar is stable, and the market is assessing the latest efforts to resolve the conflict between Ukraine and Russia. The DXY US dollar index is currently steady at 98.124. Ukrainian President Zelensky and European leaders held talks with U.S. President Trump in Washington on Monday. Zelensky said the talks were positive and covered sensitive issues including security. He stated that he is prepared to meet with Putin. However, whether there has been real progress in achieving a ceasefire and peace in Ukraine remains to be seen, according to a report from Deutsche Bank. The report states that the foreign exchange market remains subdued, with little change, as Putin is unwilling to deviate from his demands and Trump appears to be losing interest.
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