There is just one to take note of on the day, as highlighted in bold.
That being for EUR/USD at the 1.1700 level once again. This time around, the dollar managed to push higher in overnight trading and EUR/USD broke below the figure level on the week. As such, the expiries might still offer some pull factor but it looks like sellers are starting to shake things off and get better downside momentum.
Trump threatening higher tariffs and markets getting a little bit more angsty is keeping the dollar more bid this time around. The general line of thinking here is that his tariff threats might be more credible this time around. But in time, we'll see.
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