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: 2025.03.12
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EC President von der Leyen: EU responds with countermeasures to US tariffs on steel
World FX news
Breaking news
EC President von der Leyen: EU responds with countermeasures to US tariffs on steel
New
2025.03.12 14:59
2025.03.12 14:59
2025.03.12 14:59
European Commission President Ursula von der Leyen said on Wednesday that the European Union (EU) has launched 'swift and proportionate countermeasures' on US imports in the EU in response to steel tariffs.
Additional comments
EU responds with countermeasures worth EUR26 billion.
It will reimpose suspended 2018 and 2020 rebalancing measure and will introduce new measures.
Measures will be imposed in two steps from April 1 to 13.
Last updated
: 2025.03.12
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US Dollar braces for US CPI amidst geopolitical headlines
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, trades broadly flat and stabilizes on Wednesday while traders await the United States (US) Consumer Price Index (CPI) release for February.
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2025.03.12 19:58EUR/USD: Market focus shifts to US CPI - Danske Bank
EUR/USD has edged slightly higher over the last 24 hours, with the EUR and European currencies broadly outperforming in the G10 space amid rising optimism that Germany's debt package will be approved, Danske Bank's FX analysts Kristoffer Kjær Lomholt and Filip Andersson report.
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2025.03.12 19:54USD/JPY: Further tactical downside may be limited for now - Danske Bank
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2025.03.12 19:50USD/CAD can move towards 1.4240 and 1.4150 - Société Générale
USD/CAD broke out from its multiyear range and experienced an extended uptrend, Société Générale's FX analysts note.
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2025.03.12 19:45Back and forth on tariffs - ING
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2025.03.12 19:26Disclaimer:
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