US envoy says Trump and Putin to hold call on ceasefire deal soon
FXStreetMar 17, 2025 12:20 AM
Donald Trump’s envoy Steve Witkoff said on Sunday that he expected the US President to speak with Russian President Vladimir Putin this week, saying that Putin “accepts the philosophy” of Trump’s ceasefire and peace terms, per the Guardian.
Last week, the United States and Ukraine decided to propose a 30-day ceasefire to Russia. While Putin said that he supports a cease-fire, he also laid a list of tough conditions for achieving peace.
Market reaction
At the time of writing, the Gold price (XAU/USD) is trading 0.16% higher on the day to trade at $2,989.
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