The euro held steady around a more than one-week high in early Asian trade on Tuesday, as risk appetite ticked up after a Russian proposal on Syria raised the chance that a U.S. military strike would be delayed or averted.
President Barack Obama said Russia’s proposal to put Syria’s chemical weapons under international control “could potentially be a significant breakthrough.”
If Syria did so, that would “absolutely” put any U.S. military strike on pause, Obama told ABC News.
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