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Dollar sides again as EUR/USD lifts above 1.14
Since the last update here the dollar has fallen back further and that has seen the EUR/USD reverse an earlier downside move towards and just below 1.1250. That reversal has seen it rise sharply above 1.14 after China decided to match the latest US trade tariff increase with another of their own. That means Chinese tariffs on US imports are now at 125%. This news also impacted the European and US stock markets and futures. So, pretty much everything here in Europe and in the US is now firmly in the red. The EUR/USD is right now at 1.1405
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US Jobless claims on the radar for the USD/JPY this afternoon
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