Chart in focus: AUD/JPY. Risk aversion and China trade retaliation - ConsultFX

Chart in focus: AUD/JPY. Risk aversion and China trade retaliation

AUD/JPY Well, it's been a wild ride since President Trump talked the dollar down last night. Overnight the Bank of China weakened the yuan by the largest single day devaluation in a year. The benefit of a weaker yuan for China is it forms a way of hitting back at the US imposition of tax on