USD: Trade optimism a positive development – Danske Bank

Jens Peter Sørensen, senior analyst at Danske Bank, suggests that the US-China trade optimism has so far seemingly proved a USD positive. Key Quotes
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Gold weakens to 2-week lows, slips below $1280 level

   •  The risk-on mood/positive US bond yields exert some fresh downward pressure.    •  A subdued USD price action fails to lend any support or ease
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