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The price of turkey may have dropped, but Americans will still see higher grocery costs ahead of Thanksgiving.
On-the-ground help will bolster Kyiv without risking escalation.
EUR/USD is still range bound around the 1.09 mark as has been the case for most of this week. Yesterday was a rather quiet session, and global risk sentiment continues to be the main driver of the cross, together with the rise in especially long US yields - probably driven by a confluence of factors like a large supply of Treasuries, better-than-expected economic data, US credit rating downgrade and BoJ's relaxation of the YCC.
Although Western support to Ukraine continues unabated, the honeymoon between Kyiv and even its staunchest allies is decidedly over.