Forexlive Americas FX news wrap: US dollar reverses losses as G7 begins

• June US Empire Fed manufacturing survey -16.0 vs -5.5 expected
• Trump: I’m sure we can work something out with Canada
• Canada’s LeBlanc says he’s confident in progress on deal with US
• Pound shrugs off news that final UK-US trade deal near
• Netanyahu: Killing Iran’s supreme leader would ‘end the conflict’
• French and German and British foreign ministers to hold phone call with Iran minister
• U.S. Treasury auctions off 13 million of 20 year bonds at a high yield of 4.942%
• A new batch of missiles are being launched from Iran toward Israel
• Iran preparing for largest missile attack on Israel
• Israel bombed Iranian state TV
• Iran asked Qatar, Saudi Arabia, and Oman to ask US to press Israel to agree to a ceasefire
• Iran signals it wants to de-escalate hostilities – report
• Canada May housing starts 279.5K vs 245K expected

Markets:

• Gold down $48 to $3384
• US 10-year yields up 2.8 bps to 4.45%
• WTI crude oil down $1.67 to $71.31
• S&P 500 up 0.9%
• NZD leads, JPY lags

This article was written by Adam Button at www.forexlive.com.