The US Director of Trade and Manufacturing Policy Peter Navarro crossed the wires in early trades, via Reuters, expressing his thoughts on the upcoming US-China trade talks.
Navarro said he wants to see what happens when China’s negotiators come to the US.
His comments come before the US President Trump announced a fifteen-day delay to the US tariffs on the Chinese imports to Oct 15th. On the latest trade optimism, the risk trades remain in vogue, with both USD/JPY and AUD/USD hovering near multi-week tops.