China ForeignMin Spokesman Geng: Not aware about report on tentative trade truce, Yen bounces

Dhwani Mehta FXStreet

Headlines are crossing the wires from the Chinese Foreign Ministry Spokesman Geng Shuang, as he responds to the earlier reports that the US and China have reached a tentative trade truce.

Geng said that his government is not aware about the report on tentative trade truce.

The Yen is seen attempting a tepid bounce on the comments from the Chinese officials, sending USD/JPY back below the 108 handle.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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