ING: FX Talking: Trading blows: FXWW

From the FXWW Chatroom: The re-opening of the US-China trade war has come as a surprise. We suspect a deal is concluded in 3Q19, but until then investors look set to play-it-safe. This should see JPY out-performance across the board and the continuation of the dovish re-pricing in open economies. It looks too early to re-buy into EMFX

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