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.

Economic Calendar: US Inflation Key for Markets — Today’s Most Important Data Release of the Week
Daily Summary - Oil gains due to uncertainty, market awaits inflation data
Chart of the Day: USDJPY Rises Again. Intervention Is Not Enough — Markets Await BoJ Action
Economic Calendar: RBA Holds Rates, Markets Await US Housing Data