EUR, JPY higher vs. USD while AUD & NZD languish ...Middle East

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Trump hits the European Union (EU) with a 30% tariff, starting on August 1

Since then:

Germanys Merz will work closely with Macron, von der Leyen to resolve trade ahead of Aug 1EU extends pause on US trade retaliation to allow more talks

US equity index futures, on the other hand, opened with a small gap weaker and have not recovered.

AUD and Kiwi are dropping away:

Apart from what has already been posted there is no fresh news nor data.

China trade data is still to come:

Economic calendar in Asia 14 July 2025 - trade data from China for June This article was written by Eamonn Sheridan at www.forexlive.com.

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