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FOREX: USD Under Pressure Following Trump-Xi Call

FOREX

Broader USD extends the pullback from session highs, with the BBDXY testing Asia-Pac lows following the generally positive overtures that followed the Trump-Xi call.

  • However, it’s the JPY that is the underperformer as core global FI yields move away from session lows following the call.
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Broader USD extends the pullback from session highs, with the BBDXY testing Asia-Pac lows following the generally positive overtures that followed the Trump-Xi call.

  • However, it’s the JPY that is the underperformer as core global FI yields move away from session lows following the call.