Yen exchange price drop US-China trade negotiations First stage principle agreement view on December 13 at 11:56

Tokyo's foreign exchange market on the 13th and several US media reported that trade negotiations between the US and China reached the first-stage principle agreement. The price has dropped.

Market officials said, “The trade negotiations between the United States and China, which were a cause of market uncertainty, spread the view that the first stage of agreement was reached, and it was perceived that the risk of the global economy going down declined among investors. In addition, as predicted by the exit survey, in the UK general elections, if the Conservative Party wins a majority, it is more likely that avoiding a disagreement will be avoided, and the pound will be bought significantly. ”