The dollar has traded firmer, led by a 0.5% rise in USD-JPY after the Tokyo fixing today. The USD index (DXY) is showing a 0.2% gain, posting a new four-month high at 93.34, and EUR-USD logged a fresh 2018 low at 1.1830. USD-JPY lifted above 109.50 for the first time since last Thursday after breaking out of a narrow consolidation around the 109.00 level. EUR-JPY and AUD-JPY also rebounded out of respective trend lows that were posted yesterday amid a pronounced bout of yen selling that was seen in Tokyo. As expected, President Trump announced that the U.S.
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