Ukraine and US meeting in Geneva has begun, according to the head of Ukraine's delegation

The beginning of the Ukraine-US meeting in Geneva signals potential developments in diplomatic negotiations, which could impact market sentiment.

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Traders should monitor how progress or lack thereof influences risk-on/risk-off flows, particularly in FX and commodities like gold and oil, as well as broader market stability. Any significant outcomes could shift positioning in relevant currencies, especially the USD and EUR.

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