Currently 0.7820 enjoying the RBA-led respite but 0.7850 a step too far as yet. Range trading still in effect
Offers 0.7850-55 (stops above) 0.7880 0.7900-10 0.7930
Bids 0.7800 0.7785 0.7770 0.7750 (stops below) 0.7730 0.7700
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
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- Oil down, equities up on Trump's Hormuz plan just announced. Leaves Iran all at sea.
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