Euro futures rebounded from a 2-month closing low to trade higher near the 1.1625 level. A positive tone shift in Middle East negotiations and rising Treasury markets provided a tailwind, while other FX markets finished mixed. Insights by Dan Deming.
British Pound futures dropped 0.38% to finish near session lows. While manufacturing PMI reached a four-year high, services fell below 50. Pressure also mounted following a U.S. proposal for additional tariffs under Section 301. Insights by Bob Iaccino.