Kremlin: Need to hear from US before commenting on the acceptability of a ceasefire for Russia

Dhwani Mehta FXStreet

The Kremlin said in a statement on Wednesday, “we need to hear from US National Security Advisor Mike Waltz and Secretary of State Marco Rubio before we will comment on the acceptability of a ceasefire for Russia.”

Additional takeaways

A call between Trump and Putin can be organised "very fast" if needed

Carefully studying statements issued after US-Ukraine talks.

Expect the US camp to brief Moscow on details of talks in the coming days.

Market reaction

Following these headlines, the US Dollar Index (DXY) seems to have paused its recovery. At press time, it is up 0.11% on the day to near 103.50.

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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