During the Asian session, the USD maintained its guaranteed price dynamics. Meanwhile, investors are awaiting the outcome of negotiations regarding trade between the US and China. Interpretations of the White House financial adviser L. Kudlow are positive. Thus, they defused the tense economic situation after statements about China’s reluctance to take part in the trade deal Donald Trump proposed.
Kudlow announced US intentions to agree to a deal with China. As a result, the controversial issue of removing China’s securities from the list of US stock exchanges is not a priority. L. Kudlow also reported that trade between China and the United States will progress. The economic efficiency of risky assets, including ozzy and kiwi, has improved due to the positive impact of the market, but the yen, on the contrary, has lost its profitability.
After the EU abandoned the deal with British Prime Minister Johnson, the pound is still uncertain with respect to Brexit. Rumor has it that Johnson does not plan to participate in negotiations on Brexit, and the cabinet intends to ignore the structure of the EU.
Investors shy away from unfavorable rates, waiting for new catalysts. For this reason, many currency pairs were sold on a normalized scale.