{"id":17558,"date":"2025-03-03T09:18:58","date_gmt":"2025-03-03T09:18:58","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=17558"},"modified":"2025-03-03T09:18:58","modified_gmt":"2025-03-03T09:18:58","slug":"euro-rebounds-as-ukraine-peace-talks-continue","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-latam\/analysis\/euro-rebounds-as-ukraine-peace-talks-continue\/","title":{"rendered":"Euro Rebounds as Ukraine Peace Talks Continue"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/en-latam\/wp-content\/uploads\/sites\/23\/2026\/03\/image_fx_-73-1024x559.png\" alt=\"\" class=\"wp-image-16895\" \/><\/figure>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Key Points<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>EUR\/USD recovered<strong> 0.4%, <\/strong>climbing to <strong>1.0423, after <\/strong>dipping to <strong>1.03599 <\/strong>earlier<strong>.<\/strong><\/li>\n\n\n\n<li><strong>Tariff uncertainty remains<\/strong>, with the U.S. reconsidering a full <strong>25% tariff on Canada and Mexico<\/strong> ahead of Tuesday\u2019s deadline.<\/li>\n\n\n\n<li>Optimism over <strong>European-led peace efforts<\/strong> and <strong>tariff discussions<\/strong> supported the euro.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">EUR\/USD Rises as European Diplomacy Gains Traction<\/h2>\n\n\n\n<p>The <strong>euro rebounded to $1.0423<\/strong>, pulling away from <strong>Friday\u2019s low of $1.03599<\/strong>, after European leaders intensified their push for a <strong>Ukraine peace settlement<\/strong>. Following a <strong>tense Oval Office meeting between Trump and Zelenskiy<\/strong>, European officials, including <strong><a href=\"https:\/\/t.co\/EZNpQInRNl\">UK Prime Minister Keir Starmer<\/a><\/strong>, committed to drafting a <strong>peace proposal for Washington&#8217;s review<\/strong>. This renewed diplomatic effort <strong>helped buoy the euro<\/strong>, lifting sentiment after last week\u2019s losses.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">The angry public confrontation between Donald Trump and Volodymyr Zelenskiy came after weeks of frustration in the White House, multiple sources familiar with the matter said <a href=\"https:\/\/t.co\/yhUf3NxNfY\">https:\/\/t.co\/yhUf3NxNfY<\/a> <a href=\"https:\/\/t.co\/DsrvFyWQu0\">pic.twitter.com\/DsrvFyWQu0<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/1895890852670816345?ref_src=twsrc%5Etfw\">March 1, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Sterling (<strong>GBP\/USD<\/strong>) followed suit, gaining <strong>0.2% to $1.2604<\/strong>, as traders reassessed <strong>European stability risks<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Tariff Risks and ECB Rate Outlook Keep Euro Volatile<\/h2>\n\n\n\n<p>Despite the euro&#8217;s recovery, traders remain cautious as <strong>U.S. tariff decisions loom<\/strong>. <strong>U.S. Commerce Secretary Howard Lutnick<\/strong> hinted that the <strong><a href=\"https:\/\/t.co\/QHXWYmQ3jO\">Canada and Mexico tariffs <\/a><\/strong><strong>set for Tuesday may be reduced from 25%<\/strong>, offering some relief to global markets.<\/p>\n\n\n\n<p>Meanwhile, the <strong><a href=\"https:\/\/t.co\/l82ynDVt78\">European Central Bank<\/a><\/strong><strong> (ECB) maintains its cautious stance<\/strong> on rate cuts, with market participants pricing in a <strong>25-basis-point reduction by June<\/strong>. However, persistent <strong>inflationary concerns and trade risks<\/strong> could <strong>complicate the ECB\u2019s easing trajectory<\/strong>, limiting further euro gains.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Dollar Pause Gives Euro Leg-Up<\/h3>\n\n\n\n<p>The <strong>EUR\/USD pair<\/strong> is experiencing <strong>a minor upward trend of 0.01%<\/strong>, with the price <strong>opening at 1.04038 and closing at 1.04050<\/strong>. The pair tested a <strong>high of 1.04232<\/strong> before facing resistance, while the <strong>low was recorded at 1.03992<\/strong>. The <strong>moving averages (5, 10, 30)<\/strong> indicate a <strong>consolidation phase<\/strong>, as the price fluctuates near key levels without a clear breakout. The <strong>MACD histogram is flatlining near zero<\/strong>, suggesting <strong>weak momentum and indecision among traders<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/en-latam\/wp-content\/uploads\/sites\/23\/2025\/03\/image-10-124x450.jpeg\" alt=\"\" class=\"wp-image-17559\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Picture: Euro finds temporary footing, but volatility looms ahead, as seen on the <\/em><em><a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WAhttps:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\">VT Markets app<\/a><\/em><\/p>\n\n\n\n<p>In the short term, <strong>a breakout above 1.0423 could lead to a test of 1.0440<\/strong>, while failure to hold above 1.0400 may drive a retest of <strong>1.0380 or lower<\/strong>. Key catalysts include <strong>U.S. economic data, Federal Reserve commentary, and Eurozone inflation figures<\/strong>, which could provide the next directional cue.<\/p>\n\n\n\n<p>Traders will closely watch developments in the <strong><a href=\"https:\/\/t.co\/4tpTdMudon\">Ukraine peace talks<\/a><\/strong><strong> and U.S. tariff negotiations<\/strong> for further direction.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a><\/strong><strong> and <\/strong><strong><a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a><\/strong><strong> now.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/USD rebounds from 1.0360 lows, reaching 1.0423 as European leaders push for a Ukraine peace deal and tariff relief talks. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":2,"featured_media":16963,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[44],"tags":[59],"class_list":["post-17558","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-euro"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/posts\/17558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/comments?post=17558"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/posts\/17558\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/media\/16963"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/media?parent=17558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/categories?post=17558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-latam\/wp-json\/wp\/v2\/tags?post=17558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}