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10 Apr 2025

ECB’s Villeroy: Trump's tariff pause decision is less bad news

European Central Bank (ECB) policymaker and  Bank of France head Francois Villeroy de Galhau said on Thursday that US President Donald “Trump's tariff pause decision is less bad news but still bad news elements out there in America.”

Additional comments

  • Protectionism remains a bad element for the American economy.
  • There is room for talks in the coming 3 months over the Trump tariffs situation.
  • Good that Europe has kept its cool during talks with the trump administration over tariffs.
  • Trump policies in recent weeks have eroded confidence in the US Dollar.
  • Reaffirms that he does not expect a French economic recession.
Apr 10, 2025

Sweden Industrial Production Value (MoM) climbed from previous -7.6% to 0.4% in February

Sweden Industrial Production Value (MoM) climbed from previous -7.6% to 0.4% in February
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Apr 10, 2025

USD/CHF softens below 0.8550 as traders brace for US CPI release

The USD/CHF pair loses ground to near 0.8530 during the early European session on Thursday. The US Dollar (USD) weakens against the Swiss Franc (CHF) amid the escalating trade tension between the US and China, the world’s two largest economies. 
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