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.

Daily Summary: ECB, FOMC and MAG7 - mixed signals and risk aversion
ECB Conference: Global Uncertainty, Policy Stability 💶
BREAKING: Germany's CPI above expectations! 💶🔥
BREAKING: Preliminary Euro Area GDP data beat expectations, pushing EUR/USD higher.