Forex - USD/JPY, AUD/USD Flows: Markets not too impressed by report of trade talks progress


 16:09 (GMT) 10 Sep

  [Forex Flows]

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USD/JPY, AUD/USD Flows: Markets not too impressed by report of trade talks progress (0101-NXFQ-C01)

The report from SCMP that China is likely to agree to buy more US agricultural products in an attempt to get a better deal has gave lifts to USD/JPY and AUD/USD as would be expected, but the response was modest, the market having seen stories like this before. The resignation/firing of National Security adviser Bolton probably owes little to disagreements on trade policy but injects some extra policy uncertainty.


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