USD/JPY rejected at resistance on Trump being Trump

Calm summer markets and a “presidential” statement from Trump on Afghanistan allowed USD/JPY to rise. Without any issues, there is less demand for the safe-haven yen. This was enough to send USD/JPY from the lows of 108.60 to 109.80. And then Trump returned to his own self. In a campaign-style speech in Phoenix, the President [...]

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