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President Donald Trump and Kim Jong Un plan to end talks earlier than scheduled Thursday and have reportedly canceled a planned signing ceremony for some kind of nuclear deal.

“We’ll ultimately have a deal,” Trump told reporters early Thursday, but that “doesn’t mean we’re doing it in one day, in one meeting.”

The news seem to have boosted demand for the anti-risk JPY. The USD/JPY pair is now trading at 110.80, down from 110.93 seen 40 minutes ago.