They mean business I tell ya.
EUR/CHF relatively steady at 1.2125, marginally firmer from the 1.2110 I walked into first thing.
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- USDCHF takes another step to the downside on the USD selling
- US May industiral production +0.1% vs +0.2% expected
- US June Empire Fed +5.7 vs +14.0 expected
- Canada April manufacturing sales +4.2% vs +4.5% expected
- Canada May housing starts 261.4K vs 278.4K prior
- The USD is lower to start the new week as Iran deal dominates and leads the markets.
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