The euro dropped to 1.1590 after briefly touching 1.1760, as the dollar strengthened following the U.S.–EU trade deal imposing a 15% tariff on European exports. Markets had largely priced in the agreement, and attention now shifts to the Fed decision. Resistance is at 1.1660, support at 1.1580.
Gold edged up to $3,310 but remained near a three-week low as easing trade tensions weighed on safe-haven demand. Traders await progress in U.S.–China talks and the Fed’s rate decision. Resistance stands at $3,320, support at $3,285.
Bitcoin held near $118,000 after retreating from $122,000 earlier this month. The yen hovered around 148.3 per dollar, its lowest in a week, as U.S. dollar strength and Trump’s tariff threats pressured the currency. BoJ is expected to hold rates steady, and PM Ishiba faces calls to resign.
Brent crude rose to $70.10, driven by fresh supply concerns after Trump tightened Russia’s ceasefire deadline and new EU sanctions hit Moscow. The U.S.–EU trade deal also helped ease demand worries. Nasdaq hit a fresh high while the Dow slipped 0.14%, supported by trade optimism and ahead of tech earnings and the Fed decision. Markets are also watching U.S. jobs and inflation data.
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