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US Sec. of State Pompeo: ‘Will only be sanctions relief for N. Korea when we get complete denuclearization’

More comments flowing in from the US Secretary of State Pompeo, via Bloomberg, as he continues to speak in Seoul.  

Kim summit is a turning point in US-North Korea relationship.

Will be a process and not an easy one.

US still committed to CVID.

Bright future if Kim Jong Un denuclearizes.

See strong, connected, secure prosperous North Korea.

Deal made clear there would be complete denuclearization.

Sanctions relief won't happen without denuclearization.

Complete denuclearization encompasses verification.

Author

Dhwani Mehta

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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Gold (XAU/USD) is struggling to capitalize on a weaker US Dollar (USD), after repeatedly failing to establish itself above the $4,200 level. The precious metal remains confined to a relatively narrow trading range despite a combination of developments that would normally support higher prices.