USD/JPY witnessed a modest pullback from two-month tops, levels beyond 109.00 mark. Worsening US-China relations benefitted the safe-haven JPY and exerted some pressure. The post-ECB strength around the euro weighed on the USD and added to the selling bias.
GBP/USD trades closer to 1.26, buoyed by USD dollar weakness stemming from a better market mood. US jobless claims have marginally disappointed yet other US figures are more upbeat. Markets are shrugging off concerns about a no-trade-deal Brexit.