XE Market Analysis: North America – May 09, 2019

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A risk-off theme dominated after President Trump repeated yesterday evening at a rally that China “broke the deal” and would pay for it, which saw safe-haven demand drive the Yen to fresh highs against the Dollar and many other currencies. China’s bellwether CSI 300 equity index finished 1.9% for the worse, extending the weekly decline to 8%. S&P 500 futures were showing a decline of 0.7%, as of the early London P.M. session.