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.

Chart of the Day: Strongest currency of 2026 in the shadow of a scandal (19/05/2026)
Economic Calendar: UK Unemployment on the Rise – How Will the Bank of England React? (19.05.2026)
Morning Wrap: Markets Do Not Believe Trump's Announcements (19.05.2026)
What to expect from economic data and corporate earnings this week ❓