French Pres. Macron: To offer 300 million euros of aid to Ukraine, military equipment

Dhwani Mehta FXStreet

French President Emmanuel Macron said in a statement on Friday, he may offer EUR300 million of aid to Ukraine as well as military equipment.

Additional quotes

“Putin wants to bring us back to the age of empires and confrontations.”

“EU sanctions will be followed by French national sanctions on certain people to be announced later.”

He called Russian President Putin, as the Ukraine President was unable to reach Putin and had asked him to call on his behalf.

Macron said “the call was frank, direct and brief.”

EUR/USD hovers around 1.1200

After the impressive recovery from 2022 lows of 1.1106, EUR/USD is keeping its range around 1.1200 so far this Friday, watching out for more drama on the Russia-Ukraine war.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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