EU Commission has outlined a potential compromise to break the EU-US trade deal deadlock, with specific reference to the sunrise clause, Politico reports

The EU Commission's move to propose a compromise regarding the US-EU trade deal signifies a potential thaw in relations that has been causing economic friction. This could impact currency pairs, particularly USD/EUR and USD/GBP, as traders reassess risk perceptions and potential trade flows. Watch for market volatility as news develops around this negotiation, particularly in forex and affected commodities.