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Euro (EUR) is strong, up an impressive 0.6% against the US Dollar (USD) and a mid-performer among the G10 in an environment of broad-based USD weakness, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

The child tax credit could change as Senate Republicans debate Trump’s mega-bill. Here’s what families need to know.

Stocks of Australian investment firm Washington H. Soul Pattinson and its affiliate Brickworks surged after both companies agreed to merge.

Last year, JPMorgan hired Sarah Kapnick as the bank’s chief climate scientist. She’s now advising clients on how climate change will impact their investments.

Trump announced at a Pennsylvania rally on Friday that he plans to double tariffs on steel imports to 50% from 25%.

A new policy may prompt nearly 2 million more beneficiaries to visit local Social Security offices every year. Those trips may require a long driving time.

As shown on the EUR/USD chart today, the euro rose to a 4-week high against the US dollar this morning. The euro’s strength relative to the US dollar is supported by traders’ expectations ahead of the ECB’s interest rate decision, scheduled for Thursday at 15:15 GMT+3. This upcoming event is notable not only because the […]

The post EUR/USD Rises to 4-Week High appeared first on Action Forex.

That as confirmed by a spokesperson for the European Commission. Well, we’ll see how things go after that next meet. I wouldn’t hold my breath expecting for anything substantial though. It has taken so long for both sides just to start to sit down and really talk. So, it will be quite wishful thinking to expect any major breakthroughs in the coming one to two weeks.

Tick tock, tick tock. 37 days to go.

This article was written by Justin Low at www.forexlive.com.

The meeting will be held in Paris. As a reminder, Trump recently threatened a 50% tariff on EU to force them to accelerate trade talks and then “paused” the tariff till the original deadline on July 9th.

More recently, Trump hiked tariffs on steel to 50% and the European Commission said on Saturday that the EU was prepared to retaliate against tariffs on imported steel and aluminum.

An EU spokesperson said that “the European Commission is currently finalising consultations on
expanded countermeasures. If no mutually acceptable solution is reached,
both existing and additional EU measures will automatically take effect
on 14 July”.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

Tech shares are leading the declines as we see a bit of a setback for US equities following the late Friday bounce. S&P 500 futures are down 0.5% with Nasdaq futures down 0.7% so far on the day. It’s all about Trump and tariffs as we await more trade headlines to work with in the new week/month.

The US court moved to temporarily reinstate Trump’s tariffs on Friday and he also threatened to double steel and aluminum tariffs to 50%. Adding to that, there doesn’t seem to be any progress whatsoever with China – no surprises really – and that might be a key risk trigger to watch out for. As mentioned before if Trump loses patience with China, then the supposed “truce” we’re seeing now will be upended and the trade war will be reignited again. It feels like it’s only a matter of time.

For now, the risk mood is leaning towards the softer side as we move past month-end shenanigans to start afresh in June. The focus is on trade headlines, so we’ll see what we will get from Trump later in the day.

This article was written by Justin Low at www.forexlive.com.