• Steady after closing +1.87%, with the USD off 1.8%, as UST yields slumped

• Trump's tariffs to lift companies' costs and hurt exports to the U.S.

• EU plans countermeasures to new U.S. tariffs if negotiations fail

• There is no tier one EZ data - tonight's U.S. employment leads event risk

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

• Daily momentum studies rise - signals show a positive trending setup

• Thursday's 1.1147 2025 top, then the 1.1214 September high first resistance

• 1.0955 prior range top and yesterday's 1.0805 low are initial supports

• 1.1050 1.770 BLN, 1.1120 601mln are the close April 4th strikes
Andy

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