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Rate accelerates the recent recovery.....>

DOLLAR-YEN
DOLLAR-YEN: Rate accelerates the recent recovery as spot moves north of the
week's highs at Y107.54, with the rate now trading close proximity to $613mln in
options rolling off at the cut today at Y107.70. USD/CNH also slipping in recent
trade to hit the day's lowest levels (but still short of yesterday's lows). Some
citing CNBC tweet reading: "Treasury Secretary Mnuchin says US-China trade deal
is 90% complete", but this looks broadly infitting with market expectations.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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