France’s overseas trade minister Laurent is on the wires saying:
- France remains determined to respond with European commission, and our partners.
- We will not yield to threats and we will protect our industries.
Meanwhile, Trump just posted:
The EURUSD dips to new lows.The EURUSD is approaching the broken 61.8% of the move down from the September 2024 high at 1.08174.
Stocks are off lows in pre-market trading:
- Dow -15 points
- S&P -8.3 points
- Nasdaq is still down -66 points.
Meanwhile, the GBPUSD is breaking the 100-hour MA now at 1.29266 and tests the broken 61.8% of the range since September 2024 at 1.29221.
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