EURUSD trades near session highs
EU Malmstrom is out saying that the EU is tilting toward approving a trade deal with the US. Of course, the Trump administration has dangled tariffs on autos as a reason to come to some sort of agreement. Malmstrom does say the the EU would retaliate over any US auto tariffs.
So it sounds like there is a little concession and desire to cooperate but a warning to the US to not ruin that cooperative overture with tariffs.
The EURUSD is trading near the session highs and back above the 1.1300 (trades at 1.1308 with a high at 1.13119).
