Headlines:Trump continues to lambast "too late" PowellEU's trade negotiator Sefcovic: The last mile is always the most difficultGermany's Chancellor Merz: We can assume that there will be an asymmetrical agreementJapan trade negotiator Akazawa reportedly making arrangements for another trip to USJapan trade negotiator says Ishiba has requested Bessent to continue trade talksBeijing confirms US has taken initiatives to approve Nvidia H20 GPU sales to ChinaECB's Nagel: Financial markets show how Fed attacks affect themBoJ may offer a less gloomy view of US tariff hit in quarterly report - ReutersGermany June PPI +0.1% vs 0.0% m/m expectedEurozone May current account balance €32.3 billion vs €19.3 billion priorEurozone May construction output -1.7% vs +1.7% m/m priorMarkets:NZD leads, USD lags on the dayEuropean equities mixed; S&P 500 futures flatUS 10-year yields down 3.1 bps to 4.431%Gold up 0.5% to $3,355.82WTI crude up 0.9% to $68.17Bitcoin down 0.3% to $119,062It's tough nuggets for the dollar in trading today as it is struggling after Fed governor Waller's comments on wanting a July rate cut overnight. The greenback is down across the board with some key near-term levels called into question in European trading.EUR/USD is up 0.4% to 1.1646 as buyers look to finally push above the 100-hour moving average of 1.1631, reaffirming a more neutral near-term bias now. USD/JPY is still little changed though, just marginally lower around 148.40-50 levels mostly.GBP/USD is the other that also secured a climb above its own 100-hour moving average of 1.3418, now up 0.3% to 1.3450 on the day. Meanwhile, commodity currencies are also holding a little higher with USD/CAD down 0.2% to 1.3720 and AUD/USD up 0.5% to 0.6520 in recovering most of yesterday's losses.The moves are coming despite the fact that Fed funds futures are still reaffirming that traders are not looking for a rate cut in July. However, Waller's remarks might spark a more heated debate at the Fed about cutting rates in the months to come. So, just be wary of that.The dollar drop also comes as bond yields are ticking lower with 10-year yields back down to 4.43% and 30-year yields easing back under 5% to 4.98% on the day.In the equities space, European stocks kick started the day with some pizazz but that has very much fizzled during the session. The DAX and UK FTSE were eyeing fresh record highs but have to pull back on that as the weekly gains are also under threat now following yesterday's strong rebound.US futures are also keeping a more tentative mood, holding flattish after some slight gains earlier in the day.In other markets, gold is sitting higher at around $3,355 but remains more rangebound in the bigger picture still. And we have Bitcoin continuing to keep around record highs as other cryptocurrencies are inviting broader rallies after the jump in the past week.It's been an amazing nine years serving the black and blue colours of the ForexLive brand. But now we're moving on to bigger and better things starting next week. I'll catch all of you on the other side at investingLive. Peace out. ✌️ This article was written by Justin Low at www.forexlive.com.