Published: 2025-05-12T01:30:37.000Z
USD/JPY flows: Jump on positive U.S.-China development
FX Analyst
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Trump says he is about to make "one of the most important and impactful" tweet ever
Trump says prescription drug and pharma prices will be reduced almost immediately
Over the weekend, there seems to be positive development between the U.S.-China trade talks as we heard constructive remarks from both sides. The broad risk sentiment cheers on such development and see a jump at the opening bell. Apart from trade, Trump also says prescription drug and pharma prices will be reduced almost immediately by another executive order.
USD/JPY jumped to 146.16 from 145.36 Friday close and is currently trading higher at 146.23.