US Commerce Secretary Howard Lutnick said during European trading hours on Wednesday that the trade agreement between the European Union and Washington is long-term.
Additional notes
The trade agreement between the European Union and the United States is very solid.
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Market reaction
Lutnick’s comments appear to have no tangible impact on the US dollar, as they do not provide any breakthrough in the US-EU trade outlook. At the time of writing, the US Dollar Index (DXY) is off its intraday highs after giving up early gains, and is trading marginally higher around 98.60.
US dollar price today
The table below shows the percentage change in the US Dollar (USD) against the major currencies listed today. The US dollar was weakest against the New Zealand dollar.
| US dollars | euro | GBP | JPY | Canadian | Australian dollar | New Zealand dollar | Swiss franc | |
|---|---|---|---|---|---|---|---|---|
| US dollars | 0.04% | 0.13% | -0.16% | -0.03% | -0.23% | -0.27% | 0.11% | |
| euro | -0.04% | 0.09% | -0.19% | -0.07% | -0.27% | -0.31% | 0.07% | |
| GBP | -0.13% | -0.09% | -0.30% | -0.16% | -0.36% | -0.40% | -0.02% | |
| JPY | 0.16% | 0.19% | 0.30% | 0.12% | -0.07% | -0.12% | 0.26% | |
| Canadian | 0.03% | 0.07% | 0.16% | -0.12% | -0.20% | -0.24% | 0.14% | |
| Australian dollar | 0.23% | 0.27% | 0.36% | 0.07% | 0.20% | -0.04% | 0.34% | |
| New Zealand dollar | 0.27% | 0.31% | 0.40% | 0.12% | 0.24% | 0.04% | 0.38% | |
| Swiss franc | -0.11% | -0.07% | 0.02% | -0.26% | -0.14% | -0.34% | -0.38% |
The heat map shows the percentage changes in major currencies versus each other. The base currency is chosen from the left column, while the counter currency is chosen from the top row. For example, if you select USD from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
