USD/JPY up more than 160 pips on turn in trade talks

Author: Adam Button | Category: News

Deal back on

Deal-on/deal-off is the new risk-on/risk-off trade.

Signs of a thaw in talks with the US delaying tariffs in exchange for Chinese agricultural purchases have sparked a massive move in equity markets.

USD/JPY is now up more than 160 pips in a sharp turnaround.
Deal back on

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