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Commodity currencies up, safe havens down; Japan/US trade talks

Exclusive Capital Ltd.

Market Recap

A typical risk-on day as stock markets in Asia follow the lead of Europe and New York on Friday. After the S&P 500 rose 0.7% Friday, most stock markets in Asia are higher, lead by Tokyo up 1.4%. As a result, the commodity currencies are up and JPY and CHF are down. USD, the ultimate “safe haven” currency, is slightly lower.

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Source: https://www.exclusivecapital.com/commodity-currencies-up-safe-havens-down-japan-us-trade-talks/
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