US President Donald Trump said on Tuesday that US interest rates should be at least two to three points lower and the Federal Reserve (Fed) could hike them later if things turned negative, per Reuters.
The Euro (EUR) advances against the Japanese Yen (JPY) for a third consecutive day on Monday, hitting its highest level in nearly eleven months, as steady Euro demand and a persistently weak Yen fuel fresh buying.
The Iranian Foreign Minister wrote a letter to the United Nations Secretary General calling for immediate and decisive condemnation of US strikes on Iran. Meanwhile, the Iranian army chief stated that he’s free to take action against US interests.