The changes so far today are light, with the dollar holding steadier in general. EUR/USD is sitting just above 1.1700 with large option expiries at the figure level factoring into play once again. As for USD/JPY, the pair is singing to the tune of bond yields as it now climbs up to 147.00. The near 2% gains so far this week is the best weekly showing for the pair this year but we're only at the halfway point on the week.
Looking to the session ahead, there won't be any major releases on the agenda in Europe. So, all eyes will be on trade headlines and Trump's tariff letters to come. Here's a catch up of things in case you missed them:
Trump will impose a 50% tariff on copper imports, prices jumpMore on Trump's 50% copper tariff rate to hit within just 30 daysMore Trump: We will be announcing semiconductor tariffsTrump says releasing tariff details for 7 or more countries Wednesday morningLutnick expects another 15-20 tariff letters to go out over the next two days This article was written by Justin Low at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( A quiet one on the agenda in European trading today )
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