EU says have made good progress on trade talks with the US

Forex Short News
  • Have made good progress in talks on an agreement in principle with the US
  • Trump and von der Leyen spoke over the phone on Sunday, had “a good exchange”

You can’t not chuckle at the phrasing there in which they said that they are still working towards sealing some form of agreement by 9 July, which is just two more days from now. Both sides have not made much of any progress in talks over the last three months, nor the urgency really. So, for that to change in a week would be something. I doubt it though. Perhaps I’d end up being wrong but we’ll see what this “good progress” really means soon enough.

This article was written by Justin Low at www.forexlive.com.