The USD is higher to start the US session vs the EUR, JPY and GBP. The EURUSD has seen down and up price action, erasing most of the declines to start the US session. The GBPUSD is down by about -0.44% after the UK economy showed weaker-than-expected data for May. The 国内生产总值估计 fell by -0.1%, missing expectations of +0.1%, though slightly better than April’s -0.3%. Additionally, 英国制造业产出 plunged by -1.0%, far worse than the expected -0.1%, and below both the previous -0.9% and revised -0.7% figures. These disappointing results weighed on the pound and supported further downside in GBPUSD. The USDJPY is higher by 0.47% to start the day.

上面的视频概述了3个主要货币对（EURUSD、USDJPY和GBPUSD）的关键技术水平，并解释了当今交易者的偏见、风险和目标。

特朗普的关税攻势继续对美国最亲密的邻国加拿大征收35%的关税-与部门关税分开。消息传出后，美元兑加元走高，但已经从高点回落了50%左右。加拿大总理卡尼强调，在与美国正在进行的贸易谈判中，加拿大政府一贯捍卫其工人和企业的利益。他表示，加拿大将在8月1日新的最后期限之前信守这一承诺。卡尼还强调，加拿大仍然致力于与美国合作，保护两国的生命和社区，并准备启动一系列重要的新国家项目。

越南令人惊讶，但转运货物征收20%的关税和40%的关税。他们正在推动10-15%的范围。

欧盟接下来？特朗普表示，这封信将于今天发表。

Federal Reserve Bank of Chicago President Austan Goolsbee, typically more dovish, struck a more cautious tone in recent remarks. He emphasized that the Fed’s mandate is focused on inflation and employment—not on cutting interest rates to ease government debt burdens. Goolsbee pushed back against calls for rate cuts, aligning himself with a "wait and see" approach. He noted that prior to the April 2 tariffs, economic data was strong, but since then, uncertainty has increased and must be resolved. He added there is little evidence so far that tariffs have boosted inflation, though businesses in the Midwest remain wary. He also mentioned the Fed’s facilities need renovation with enhanced security, dismissing any notion of luxury.

ECB Executive Board member Isabel Schnabel signaled a cautious stance on further easing, stating that the threshold for another rate cut is “very high.” She downplayed concerns over the euro's strength impacting inflation and noted there is no risk of a sustained inflation undershoot. Schnabel described the eurozone economy as resilient, with balanced risks to the growth outlook, and said current policy is “in a good place.” Her comments reinforce expectations that the ECB will likely hold rates steady through the summer, with markets pricing in a 97% chance of no cut in July and only a 38% chance in September. The ECB has cut the main financing rate from 4.5% to the current 2.15% since June 2024.

尽管沙贝尔不情愿，但欧洲央行帕内塔却有不同的看法。帕内塔表示，如果下行增长风险继续支持抑制通胀，央行应维持宽松立场。他强调未来几个月政策需要保持灵活和务实。此外，帕内塔指出，欧洲可以从全球资本配置的转变中受益--但前提是它及时采取行动。

美国股市走低，因其对关税消息反应负面

• 道指-269点
• 标准普尔下跌-34点
• 纳斯达克下跌-105点

在美国债务市场，收益率更高：

• 2-年收益率3.889%，+2.1个基点
• 5-年收益率3.960%，+2.9个基点
• 10年期收益率4.387%，+4.1个基点
• 30年期收益率4.914%，+1.2个基点