Investors flocked to the safety of the yen due to uncertainty in the markets, pressuring the USD/JPY lower to 109.40. U.S. President Trump was back on Twitter overnight, causing a trade spat. Ina nutshell, the G7 may turn to G6 as the White House confirmed that Trump will leave the G7 summit early. Meanwhile, all eyes will be on the North Korea Summit in Singapore next week (June 12) where Trump will meet Kim Jung-Un.
Risk is off as trade issues back in the forefront
Daily Analysis - 08/06/2018