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Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
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Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
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Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
The U.S. Treasuries rallied Thursday in reaction to comments by US President Donald that the US dollar was “getting too strong” and would weigh on the US economy while he is in favor of low Fed interest rates.
The yield on the benchmark 10-year Treasury remained slumped nearly 6 basis points to 2.23 percent, the super-long 30-year bond yields plunged 4-1/2 basis points to 2.88 percent and the yield on short-term 3-year note also traded nearly 3 basis points lower at 1.21 percent.
"I do like a low-interest rate policy," Trump told the Wall Street Journal. Trump also said he likes and respects Federal Reserve Chair Janet Yellen, whose term ends in 2018, although he was critical of her during his presidential campaign, Reuters reported.
Trump's views on the Fed and interest rates, as well as the dollar, came as bonds had traded earlier in a tight range with safe-haven demand tied to international political worries offsetting investor sales to make room for this week's $56 billion in coupon-bearing Treasuries supply, they added.
On the other hand, the Fed officials have signaled the U.S. central bank may raise interest rates twice more by the end of 2017.
Also, escalating geopolitical jitters over North Korea and Syria continue to weigh on investors’ sentiment, sending the safe-haven Japanese yen and gold to five-month highs. Against this background, the USD/JPY fell yesterday below 110 for the first time since 17 November, extending its losses on Wednesday and hovering around 109.35 in Asian trade.
Meanwhile, the S&P 500 Futures fell 0.38 percent at 2,344.93 by 12:00GMT, while at 12:00GMT, the FxWirePro's Hourly Dollar Strength Index remained neutral at -50.52 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
