Ukrainian President Zelensky says Russia has ignored our ceasefire proposal
Context
Ukrainian President Zelensky's assertion that Russia has disregarded a ceasefire proposal signals a potential escalation in hostilities. This development may heighten geopolitical tensions, influencing safe-haven assets like gold and the USD, while concurrently pressuring commodities like oil and natural gas. Traders should watch for ripple effects across various markets, particularly in Europe and for currency pairs sensitive to risk.
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