US softens North Korea approach as Pompeo prepares for more nuclear talks - Reuters

Dhwani Mehta FXStreet

Reuters publishes its expectations as the US Secretary of State Mike Pompeo heads to North Korea for a 2-day visit, commencing this Friday.

Key Quotes:

“United States appears to have shelved an "all or nothing" approach to North Korean denuclearization.

U.S. officials, who spoke on condition of anonymity, said there had been no sign of a breakthrough and little progress toward even defining the keys terms of any agreement.

What has been seen instead is an apparent softening in the Trump administration's approach … in statements this week, has redefined the U.S. goal as "the final, fully verified denuclearization of (North Korea) as agreed to by Chairman Kim."

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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