The dollar pared gains against the euro and yen on Friday after President Donald Trump got his signature tax cut bill across the final hurdle and pressure mounted on countries to secure trade deals with the United States.

The Euro picks up as the impact of the strong US Nonfarm Payrolls report fades. Growing concerns about tariffs and the US fiscal health are adding pressure on the US Dollar. ECB President Lagarde and MPC member Villeroy hint at steady interest rates in July.