European Commission pushes back on reports saying they will accept 10% US tariff

• European Commission says reports suggest the EU accepts a US tariff of 10% are speculative and do not reflect current state of discussions
• The EU has from the start objected to unjustified and illegal US tariffs

The euro is up 36 pips to 1.1586 today but down modestly in the last hour.

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