GBP/USD running higher as US dollar slides to test day's lows By ross_burland GBPUSD Technical Analysis Ukraine RussianFederation
The US dollar bleeds as the focus remains on a breakthrough in peace talks Russia/ Ukraine.
The hope for a negotiated end to the Ukraine conflict is keeping spirits alive and adding riskier currencies, such as the pound. The bond markets have signalled concern that aggressive rate hikes could damage the US economy after 10-year yields briefly dipped below two-year rates, but markets are shrugging this off.
''Talks successful enough for a possible meeting between Putin and Zelensky, says Ukrainian presidential advisor Mykhailo Podolyak. “We have documents prepared now which allow the presidents to meet on a bilateral basis," he said.
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