USD/JPY View: FXWW

From the FXWW Chatroom – BAML: (G10 Spot Trading): Optimism was building into the weekend so I don’t think this is result is good enough to sustain a risk rally. The temporary concession given to Huawei and nod to N.Korea might be seen as small positive to USD/JPY on the open, but it wasn’t enough for me. I would look forward to fading any risk rally – fading a pop in USD/JPY above 108.30/50 would be especially attractive to me.

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