ha, seniorng counselor at the albright stonebridge group.ch our special coverage of the indian election tomorrow at 12:00 p.m. hong kong time, 5:00 a.m. london time, 12:00 a.m. here in new york. this is bloomberg. ♪ caroline: artificial intelligence. let's talk about the future of it. i spoke about ibm's manager of watson and ai for -- about the ethics of more controversial uses of the technology. here is what she said. of truste four pillars grounded in the ethics piece. is it fair? is it explainable? is it robust? visit accountable -- is it accountable? that means a lot about tracing. recently we were helping the european union on the recent guidelines around ai ethics they released. we are part of that, as well as a number of different programs around the world, to help agencies, customers and tech companies think about how do we use this technology in the best way we possibly can. caroline: does it need government regulation? important that we welcome government understanding it. that is absolutely critical, and that is part of where our

co of albrightli stonebridge. alix: over the past five days, the dollar is weak against the yen.hese are all moving averages. if i zoom in, you can see the fall that we seen in the last couple of days breaking through all key levels of support. joining us now is mike mccormick of td securities. is this a true safe haven bid, or short covering? guest: i think it is short covering. markets were not priced for this. the focus the last couple of months has really been a reallocation in global equities, particularly emerging markets and equities. no one was prepared for a tweet to say the u.s. and china trade deal wasn't moving forward or wasn't progressing, or could be delayed. alix: is that why the euro is holding up? mark: i think it is interesting because i think the euro has a little bit of breathing space. before, everyone was focusing on auto tariffs because we have a may 14 potential deadline between the u.s., europe and japan on auto tariffs. the euro has been building and risk premium. people were thinking if trump and china agree on this trade deal, the next pivot is to eur