• +0.05% after closing down 0.55% with the USD up 0.55% as UST yields jumped

• 10yr UST yields climbed 21bp to 4.203%, 10yr bund +8bp to 2.643%

• EU says it prefers negotiations but proposes first tariffs on US imports

• EU's Sefcovic says US tariffs hitting 380 bln euros' worth of its exports

• A tariff compromise must be found or the world will slide into recession

• Charts - 21-day Bolli bands rise, 5, 10, & 21-day moving averages climb

• Daily momentum studies ease - signals show a net positive setup

• Yesterday's 1.1050 high then last week's 1.1147 2025 top first resistance

• Monday's early 1.0880 base and Thursday's 1.0805 low are initial support

• 1.0900 692mln and 1.0925 626mln are the close April 8th strikes
Andy

(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)