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EUR/USD falls under 1.14 due to US data as trade tensions emerge again

EUR/USD falls under 1.14 due to US data as trade tensions emerge again

As the US labor market displays resilience, EUR/USD is at 1.1379, contributing to a rebound in the DXY after recent declines. Trump plans to discuss tariffs on steel and aluminum with Xi. Lower inflation in the Eurozone is likely to heighten expectations for interest rate cuts by the ECB in upcoming meetings. The EUR/USD pair […]

Trump sets a Wednesday deadline for countries to submit their top trade proposals.

Trump sets a Wednesday deadline for countries to submit their top trade proposals.

Trump Sets Trade Proposal Deadline WASHINGTON – President Trump has given a deadline of Wednesday for the nation to submit its best trade offers. This deadline aims to avert significant mutual tariffs that are set to take effect on July 8th. U.S. Trade Representative Jamieson Greer conveyed this message in a letter, as reported by […]

Dollar stays close to six-week low as trade conflict impacts US economy

Dollar stays close to six-week low as trade conflict impacts US economy

Market Update: Dollar Nears Six-Week Low TOKYO/LONDON – The dollar hovered near a six-week low on Tuesday, reflecting the growing economic concerns stemming from the trade war emphasized by President Trump’s administration. Despite a significant recovery in global stock markets following the persistent narrative surrounding Trump’s tariff threats, the dollar struggled to maintain its footing. […]

EUR/USD climbs toward 1.1450 as trade issues impact the dollar

EUR/USD climbs toward 1.1450 as trade issues impact the dollar

Recent ISM data indicates continued contraction in manufacturing, leading to a 0.68% rise in EUR/USD. Trump’s new tariff threats against China and metals are pushing investors away from the dollar. EU’s Sefcovic is set to meet USTR Greer in Paris as trade tensions escalate across the Atlantic. During the North American session, EUR/USD climbed, hitting […]

Trump administration seeks quick U.S.-India trade deal within months

Trump administration seeks quick U.S.-India trade deal within months

US-India Trade Relations Discussion at USISPF At the US-India Strategic Partnership Forum in Washington, DC, on June 2, 2025, Secretary of Commerce Howard Lutnick addressed the future of the trade agreement between the US and India. He emphasized the importance of strengthening economic ties in light of President Trump’s agenda. “Other countries receive better trade […]

USD drops as traders worry about US/China trade concerns – TradingView

USD drops as traders worry about US/China trade concerns - TradingView

USD Falls Amidst Trade Concerns Concerns over the trade conflict with China have put downward pressure on the USD. Last week, Trump accused China of violating their trade agreement. China, however, strongly denied this accusation, stating that it is actually the US that has not adhered to the terms. The Commerce Department of China claimed […]