Pound, Euro Suddenly Surge, Trump Tweets ‘Very Big, Exciting’ Trade Deal With UK

After regaining its footing while bumping around at a 14-month low on Monday, the broad dollar is sliding hard despite rising Treasury yields as the pound and the euro soar.

In fact, the dollar is now lower versus all of its G-10 peers except for the yen, which is trading as usual off Treasury yields.

Here’s the euro, now pushing to 2015 highs:

EURUSD

Euro2

And here’s sterling:

GBPUSD

It looks like this may have at least something to do with still more tweets from Trump, who was out with this a few minutes ago:

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