Ukraine agrees to 30-day ceasefire if Russia accepts

FXStreetMar 12, 2025 12:31 AM

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Ukrainian President Volodymyr Zelensky said late Tuesday that Ukraine agreed to a 30-day ceasefire proposed by the United States if Russia accepts the plan, following critical peace talks between US and Ukrainian officials in Saudi Arabia, per CNN.

As part of the deal, the US immediately ended its suspension on sharing intelligence with Ukraine and will resume security assistance to the country, which was invaded by Russia more than three years ago.

Market reaction

At the time of writing, the Gold price (XAU/USD) is trading 0.04% higher on the day to trade at $2,915.

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