Canadian Dollar holds steady as markets digest Fed outlook, eye jobs data and rising bond market risks.
Trump proposes 80% China tariff, signaling tougher trade stance; contrasts with earlier 50-54% reduction reports.
Kazakhstan maintains high oil output in May, exceeding limits and risking pressure on global oil prices.
The US president urges China to open its market, highlighting benefits of free, open trade relations.
G10 currencies stabilise post-Fed; JPY, SEK outperform. Markets eye US-China talks, trade data, and Fed speakers.
The US labor market remains steady, nearing full employment, with a 3.5% jobless rate seen sustainable.
USD rally faces resistance at 146.55; overbought conditions signal potential pullback with strong support at 143.90.
Strong growth persists, but trade uncertainties and tariffs raise inflation risks, prompting a cautious economic approach.
Pound strengthens, supported by US-UK trade deal and BoE rate cut; economic outlook slightly improves.
Tariffs create economic uncertainty, pressuring inflation and growth; the Federal Reserve remains vigilant and adaptable.
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