This won't come as a surprise view, but a snippet from GS
(its related to this news from Friday ICYMi: US considering limits on US portfolio flows into China)
- news opens up a new front in the US-China trade conflict
- Looks likely to weigh on the yuan, neighbouring currencies
- and to support safe havens, especially the yen
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The response in USD/JPY on Friday was not large, was it?
