Breaking News: Trump, Merkel agreed on more talks over US-EU trade barriers - Bloomberg

The news is crossing the wires via Bloomberg that the US President Trump and German Chancellor Merkel have agreed on more talks over the US-European Union trade barriers. 

Trump's conciliatory approach will likely strengthen the bid tone around the risk assets and most major currencies except the USD, CHF, and JPY. 

 

USD/JPY: Bid above 50-day MA, JPY call value at 2.5-week low

The USD/JPY is flashing green at 111.27, having defended the 50-day moving average (MA) earlier today. The anti-risk JPY is on the defensive as the U
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