UK’s Starmer: Future of Ukraine is an existential issue for Europe

FXStreet
Updated
Mitrade
coverImg
Source: DepositPhotos

British Prime Minister Keir Starmer said late Monday that any Ukraine peace deal would require a "US backstop" to deter Russia from attacking its neighbor again, per Reuters.


Key quotes


A US security guarantee was the only way to effectively deter Russia. 

The future of Ukraine is an existential issue for Europe. 

It is pressing that they now share the burden.

Europe must play its role. 

There must be a US backstop. 


Market reaction


At the press time, the Gold price is up 0.07% on the day to trade at $2,899. 

* The content presented above, whether from a third party or not, is considered as general advice only.  This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.

goTop
quote
Do you find this article useful?
Related Articles
placeholder
AUD/USD advances further beyond 0.6500 amid notable USD weaknessThe AUD/USD pair is building on the previous day's bounce from the vicinity of mid-0.6400s, or a three-and-a-half-week trough, and gaining strong follow-through positive traction on Friday.
Author  FXStreet
14 hours ago
The AUD/USD pair is building on the previous day's bounce from the vicinity of mid-0.6400s, or a three-and-a-half-week trough, and gaining strong follow-through positive traction on Friday.
placeholder
Pound Sterling set for third straight week of losses amid growing UK labor market concernsThe Pound Sterling (GBP) remains near an over two-month low around 1.3375 during the European trading session on Friday.
Author  FXStreet
15 hours ago
The Pound Sterling (GBP) remains near an over two-month low around 1.3375 during the European trading session on Friday.
placeholder
AUD/JPY jumps to near 96.80 as Yen underperforms ahead of Japan’s electionsThe AUD/JPY pair climbs to near 96.80 during the European trading session on Friday.
Author  FXStreet
15 hours ago
The AUD/JPY pair climbs to near 96.80 during the European trading session on Friday.
placeholder
Forex Today: US Dollar consolidates weekly gains as focus shifts to US confidence dataThe action in financial markets remain relatively subdued early Friday and the US Dollar (USD) Index consolidates its weekly gains at around 98.50.
Author  FXStreet
15 hours ago
The action in financial markets remain relatively subdued early Friday and the US Dollar (USD) Index consolidates its weekly gains at around 98.50.
placeholder
Dollar extends weekly rally as strong data delays fed cutsThe U.S. dollar looks set to record a second straight weekly rise against other major economies, driven by strong economic data that have eased worries about Fed rate cuts.
Author  Cryptopolitan
17 hours ago
The U.S. dollar looks set to record a second straight weekly rise against other major economies, driven by strong economic data that have eased worries about Fed rate cuts.
Real-time Quote