Major currencies hardly budged on Wednesday as traders looked ahead to the final...
TOKYO - Major currencies hardly budged on Wednesday as traders looked ahead to the final outcome of U.S.-China trade talks and a shortened holiday week in the United States.
But he also underscored Washington’s support for protesters in Hong Kong, a potential huge sore point with China. “Judging from Trump’s comments, an agreement will have to wait at least until the weekend,” said Kyosuke Suzuki, director of forex at Societe Generale in Tokyo. “I think markets are betting that a likely compromise will be to continue to negotiate on tariffs. If that turns out to be the case, we could see buy-on-rumour-sell-on-fact type of selling in the dollar/yen,” he added.
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