US dollar eases on tariffs, silver & Bitcoin extend rally

Donald Trump threatened the EU and Mexico with 30% US tariffs over the weekend — triple what the Europeans expected. While the UK appears to have secured a ‘privileged’ 10% rate, weak UK growth data and fresh trade uncertainty are pressuring sterling.
In Asia, the USDJPY rises despite soft dollar sentiment as Japan’s elections and fiscal expectations push yields higher. China posts better-than-expected export data, but tensions with Europe are rising as pricing wars escalate.
Silver outshines gold, Bitcoin pushes past $120K, and earnings season kicks off with major banks and Netflix.
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