•USD falls across the board as local markets react to Trump's first speech •Gold and JPY on the rise, with US and Australian government bonds •JPY rises 0.7% to 113.84 to the dollar in early Tokyo trade •Gold rises 0.4% to $1,214.96/oz in early Asian trade US: President Donald Trump's inauguration speech was in line with the protectionist policies he wants to implement: “We must protect our borders from the ravages of other countries making our products, stealing our companies, and destroying our jobs". "Protection will lead to great prosperity and strength. I will fight for you with every breath in my body and I will ... (full story)