Ukraine President Zelenskiy says Russia has responded with strikes on Ukraine’s energy infrastructure to Kyiv’s proposal for an Easter ceasefire
- Says Easter ceasefire would send signal diplomacy is working
- Zelenskiy, on talks with US negotiators, says they agreed to strengthen security guarantees
Context
Ukraine's President Zelenskiy's remarks about Russian strikes in response to a ceasefire proposal indicate a potential escalation in conflict. This development could heighten geopolitical risks, impacting energy prices and safe-haven assets like gold, while also influencing currency pairs such as USD/EUR and USD/JPY as market participants reassess their risk exposure and diplomatic prospects.
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