Yen Jumps as Trade Optimism Waned Suddenly after China Canceled Farm Trip
Close-up of a businessman's hand analyzing graph on laptop at workplace
Yen and Swiss Franc ended as the strongest ones last week. They’re partly supported by lack of clear indication of imminent easing from respective central banks. There was additional buying on a pessimistic turn on US-China trade talks. Dollar ended mixed after Fed’s hawkish rate cut. Theorectically, Fed should be done with its mid-cycle adjustment. […]
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