The euro strengthened against other major currencies in the European session on Friday, amid news of a peace agreement between Russia and Ukraine.
Some media reported that Russia and Ukraine are moving closer to a deal has overshadowed the sad market attitude about the tenuous ceasefire in Iran.
Investors welcomed media reports that a senior aide to Ukrainian President Volodymyr Zelenskyy saying that Kyiv is nearing a peace deal with Russia.
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Market Analysis
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.