Published: 2025-05-07T04:45:46.000Z
USD/JPY flows: U.S.-China Trade Talks Will Begin
FX Analyst
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India Launches Missile Strikes on Alleged Terror Camps in Pakistan
U.S.-China to meet on trade
Two important headlines we have on Wednesday. The first one is India launching missiles into Pakistan to target alleged terrorist camp, it is a response for the terrorist attack two weeks ago. It further escaltes geopolitical tension between two nuclear nation. Secondly, we have headlines crossing the wire that U.S. and China will be talking in Geneva this weekend officially. This seems to be supporting the broad risk sentiment.
USD/JPY is trading 0.53% higher at 143.16 despite JGB outperforms U.S. Treasury yield.