I popped up some of the factors in the earlier post here:
the Mueller headline kicked off a slow burn USD sell, which has accelerated
Long USD holders covering further now, EUR, CHF, yen ... even AUD ... higher since that post
Update:
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- USD/JPY treads with caution amid fear of incurring another intervention hit
- Oil prices stay elevated amid rising tensions in the Strait of Hormuz, US-Iran stalemate
- Gold's outlook remains neutral-to-bearish amid prolonged US-Iran stalemate and neutral Fed
- Switzerland April CPI +0.6% vs +0.6% y/y expected
- What are the main events for today?
- Iran parliament speaker says US has jeopardised shipping security through Strait of Hormuz
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