WH Adviser Kudlow: “We're getting close” to trade deal with China, risk boosted

Dhwani Mehta FXStreet

White House Economic Adviser Larry Kudlow is on the wires now, via Reuters, delivering some trade-positive comments and popping the risk sentiment up across Asia.

Key Quotes:

"We're getting close" to trade deal with China.

'The mood music is pretty good,' talks with China have been very constructive.

Working on a second term tax cut package, geared to improve middle-income families.

Fed policy heading in right direction.

The trade optimistic headlines pushed the USD/JPY pair about 10 pips higher to 108.50 while the Aussie remained little changed near 0.6790 region.

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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