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Early Thursday morning in Asia, US President Donald Trump crossed wires while being interviewed by Sean Spicer. In addition to conveying economic optimism, the Republican leader offered additional hints to not use harsh military power to tame the riots.

Key quotes

Economy will be even better with a little time.

Will see ‘mind boggling’ economic numbers this fall.

Don’t think we’ll have to send the military in response to protests.

FX implications

Even if the news adds to the market’s present risk-on mood, AUD/USD drops from 0.6925 to 0.6920 after the release.