Trump denies he will reduce his tariff policy. In response to the news, the EUR is reversing early gains against the USD.
“An article in the Washington Post, quoting so-called anonymous sources that do not exist, erroneously states that my tariff policy will be reduced. This is not true. The Washington Post knows it's not true. This is just another example of Fake News,” Trump reported.

Three markets to watch next week (23.10.2026)
BREAKING: France slows down, Germany holds on. Euro falls below 1.12
Chart of the Day: Is USDJPY running out of road? Inflation forces the BoJ to act, but the Fed could spoil the Yen’s rally
Macro Calendar: Preliminary PMI Readings and Earnings Ahead