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Euro rises as Ukraine considers ceasefire; U.S. dollar weakens due to tariff concerns.
The Euro hit a five-month high as Ukraine showed readiness for a 30-day ceasefire with Russia, while the U.S. dollar weakened amid tariff concerns.
European stock markets rose, but Asian markets dipped, with the VIX "fear index" reaching its highest level since August.
Trump's 25% tariffs on steel and aluminum imports have raised inflation fears, potentially affecting the Federal Reserve's monetary policy.
Retail and travel stocks fell, with companies like Delta Air Lines and Kohl's reporting poor financial results.
The Canadian dollar faced volatility but later recovered.
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El euro aumenta a medida que Ucrania considera la cesación del fuego; el dólar estadounidense se debilita debido a las preocupaciones arancelarias.