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Settling in with the long diplomatic game
USD: Still likely to find a floor soon: This week has not given enough indications that Russia-Ukraine tensions are heading towards a de-escalation, as US authorities have continued to doubt Moscow’s claims around a troop withdrawal while Ukrainian forces and Russian separatists have repeatedly accused each other of violating a cease-fire. There is a very high probability that we’ll get into the weekend with a still very blurry picture on geopolitical tensions, with next week’s meeting between the US Secretary of State, Antony Blinken and his Russian counterpart Sergei Lavrov now perceived as the pivotal event ... (full story)