For the 10 am NY cut today
EUR/USD 1.4200,
USD/JPY 79.00
AUS/CAD 1.0300, 1.0325
AUD/USD 1.0750, 1.0800
GBP/USD 1.6150
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- More from Musalem: Bond market is signaling a resilient economy/higher expected inflation.
- AUDUSD and NZDUSD as risk-on flows from MOU between US and Iran
- US Treasury sells $77B of 7 year notes at a high yield of 4.290%
- US/Iran MOU on ceasefire has reached an agreement but Trump still needs to approve it
- Crude oil inventories fall -3.327 million versus -4.143 million estimate
- Atlanta Fed GDPNow estimate for Q2 comes in at 3.8% down from 4.3%
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