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Germany seeking deal to end EU-US trade dispute - Reuters

Germany’s Economy Minister Peter Altmaier reportedly said on Monday, Germany is seeking to resolve the spat between the US and the European Union (EU) over the US President Trump’s announcement of tariffs on steel and aluminum imports, as cited by Reuters.

The EU is granted exemptions from the US tariffs on the metals until June 1st.

Altmaier noted: “We need to try to avoid higher tariffs.” 

EUR/JPY drops to 127.40, challenges multi-month lows

After a brief test of session tops in the mid-128.00s during the Asian trading hours, EUR/JPY has come under selling pressure and is now navigating da
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NZD/USD clings to gains near mid-0.6900s, upside remains capped

   •  Catches some strong bids at the start of a new trading week.     •  Resurgent USD demand now seemed to cap any further gains.     •  Sliding c
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