The EUR/USD currency pair has surged to approximately 1.0440 during Thursday’s European session. Investors’ risk appetite has notably increased in response to the positive developments surrounding the Russia-Ukraine conflict. With both nations agreeing to initiate peace talks, the sentiment in the forex market has shifted favorably, which can provide optimal conditions for traders focusing on this major currency pair. Keeping an eye on the ongoing negotiations is critical for forecasting currency movements in the near future.