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US Treasury Secretary Steven Mnuchin: US-China trade deal is 90% complete
US Treasury Secretary Steven Mnuchin: US-China trade deal is 90% complete

US Treasury Secretary Steven Mnuchin: US-China trade deal is 90% complete

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Nikolas Papas Forex Analyst
    Summary:
  • US Treasury Secretary Steven Mnuchin: US-China trade deal is 90% complete, on the news USDJPY jumped 20 pips to 107.67

US Treasury Secretary Mnuchin said in a statement that the US – China trade deal is 90% complete but he won’t speculate on the timing of the deal.

On the news, USDJPY jumped 20 pips to 107.67 while AUDUSD jumped to a new daily high at 0.6993 and USDCAD turn lower to 1.3142.

In Wall Street the futures also jumped on the news, The DJIA futures trading 0.21 percent higher at 26,700 the S&P futures adding 0.57 percent to 2,938 while Nasdaq futures are 0.86 percent higher at 7,695.