USD/JPY has rebounded in the afternoon to erase losses from earlier in the day as stocks plunge amid the increased tensions between the United States and China. Fundamental analysis: All eyes on Trump Global sentiment has deteriorated in the past few days which has caused global equities to move lower. Investors are awaiting potential retaliation from the United States after China approved a sweeping national security law for Hong Kong. “The agenda is unclear but given the recent mood . . . it is likely to be confrontational. The important US financial institutions all have a presence in Hong Kong. The US has important
The post USD/JPY erases losses as global equities plunge on U.S. – China tensions appeared first on Invezz.