Trump is taking his victory lap as the trade deals keep coming and the US Treasury collects.

Trump

Meanwhile, as the posts on Truth Social stream out, the US stocks are opening higher with the:

  • Dow industrial average up 0.49%
  • S&P index is up 0.31%
  • NASDAQ index is up 0.17%

US yields of also started to move to the upside as the idea that inflation is not going to be going lower:

  • 2-year yield 3.854%, +2.4 basis points
  • 10 year yield 4.375%, +4.0 basis points
  • 30 year yield 4.943%, +4.0 basis points

The EURUSD is trading to new lows (higher US dollar) and that below the high price from Monday's trade at 1.1716. And the 61.8% retracement of the July trading range at 1.17252.

USDJPY is trading near unchanged in what is shaping up as a up-down-and-up trading day.

Source: Forex Live