President Donald Trump: We're going to see if we can make a deal with China


  • Risk rallies on the back of bullish tones from Trump with respect to trade talks with China.
  • USD/JPY has jumped 20 pips on the comments and pierced into the 108 handle. 

President Donald Trump has been crossing the wires, speaking at a campaign rally in Minneapolis and saying that  "We're going to see if we can make a deal with China."

Additional comments pertaining to trade talks with China:

  • China has been very nice.

FX implications:

The comments follow talks between Chinese and US delegates in Washington overnight and come ahead of a highly anticipated meeting between Trump and Chinese Vice Premier Liu today - Liu met with top US trade negotiators, Steven Mnuchin and Robert Lighthizer, overnight which was the first time the two sides have met since July. USD/JPY has spiked on the comments and pierced into the 108 handle. 

 

 

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