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Netherlands International: US-Russia summit expected to have some impact on the euro

Francesco Pesole, an analyst at ING, said in a report that Friday's summit between US President Donald Trump and Russian President Vladimir Putin on the Russia-Ukraine conflict could have an impact on the euro. "If a ceasefire is achieved in the coming weeks, the euro could perform well, mainly against the dollar, yen and Swiss franc." Hopes of a truce with Russia and Ukraine have sent crude prices lower since the beginning of August. However, he said considerable uncertainty surrounding the out...

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2025-08-11 09:08:39
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