The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining steady after three days of losses and trading around 97.40 during the early European hours on Wednesday.
Dow Jones futures trade higher during the European trading session on Monday, signalling a positive opening for United States (US) equities after the weekend.
More tariff threats from President Trump is having a predictable impact on markets. Over the weekend, the president threatened 30% tariffs on the EU and Mexico from August 1. Stocks are weaker and bonds are mixed but Treasurys are underperforming.