AUD/USD is going up but still below 0.6300.
Risk mood is better, helping the Aussie dollar.
US Dollar is also stronger due to positive US-Canada trade news and no US government shutdown.
Uncertainty about US tariffs is stopping AUD/USD from rising more.
TREASURY YIELDS RISE AS INVESTORS AWAIT CONSUMER SENTIMENT DATA U.S. Treasury yields rise ahead of consumer sentiment data. Benchmark 10-year Treasury yield increases by over two basis points to 4.298%. 2-year Treasury yield up two basis points to 3.973%. Tame inflation data this week provides relief to
Gold price is near record high, close to $3,000. Trade tensions due to Trump’s policies are supporting gold prices. Expectations of Fed rate cuts are also helping gold. A small rise in the US dollar is stopping gold from going even higher. If global market conditions improve, gold
The UK government needs more economic growth. It faces spending cuts and possible tax increases. Improving UK-EU trade relations could help the economy. Big changes in UK-EU ties are becoming more likely. However, this alone won’t fix the UK’s financial problems.
EUR/USD Drops: The Euro falls 0.3% against the US Dollar. Trump’s New Tariff Threats: Trump plans new taxes on some European products. Reason for Tariffs: Europe hit back at US steel tariffs, so Trump is responding. Important US Data Ahead: Friday’s reports on consumer feelings and