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Kremlin: No significant progress in peace talks, no basis for possible Putin-Zelensky meeting

The Kremlin said in a statement on Monday, there is no basis for a possible Putin-Zelensky meeting, as there needs to be significant progress made first.

Additional takeaways

Degree of progress in peace talks not as big as it should be

Russia ready to work faster on negotiations than Ukraine side.

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USD/JPY Price Analysis: Has room to rise towards rising wedge hurdle near 119.50

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