US dollar continues to recover ...Middle East

It's part of a broader strengthening in the US dollar that's also boosted USD/JPY to the highs of the day. It comes on higher US long-dated yields and uncertainty around outcomes from the war in the Middle East.

Trump is in Alberta meeting with G7 leaders this week in his first foreign trip. So far signs of progress on trade have been minimal and Trump's comments today suggest he remains enamoured with tariffs.

This article was written by Adam Button at www.forexlive.com.

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