US Pres. Trump: Tariffs will bring in far more wealth to US than a phenomenal deal of the traditional kind

Additional comments from U.S. President Trump are crossing the wires as he continues to talk about the trade conflict with China in a Twitter thread.

"Tariffs will bring in far more wealth to our country than even a phenomenal deal of the traditional kind. Also, much easier & quicker to do. Our farmers will do better, faster, and starving nations can now be helped. Waivers on some products will be granted, or go to new source!"

USD/JPY struggles to recover to 110 as investors wait for fresh trade headlines

With the U.S.-China trade conflict remaining in the spotlight, the USD/JPY pair is having a difficult time making a meaningful recovery. After rising
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USD/TRY recedes from 2019 highs, tests the 6.05 area

Finally some respite for the Turkish Lira, which is now dragging USD/TRY to fresh lows in the 6.05 area, coincident with the 10-day SMA. USD/TRY focus
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