ANZ analysts point out that high-level trade talks between the US and China are set to resume 10-11 October and while the chances of a substantive deal are still remote, a temporary truce or ‘mini-deal’ would be sufficient to boost risk sentiment, and by extension, the AUD. Key Quotes “The AUD has been a flag-bearer of trade concerns over the last year. We estimate the partial unwinding of some of these concerns could be worth up to 4%.” “AUD/JPY is our favoured expression of a partial deal outcome, should it manifest. We believe there will be opportunity to enter this trade upon the confirmation of a deal. Should one want to be pre-positioned for the announcement, AUD/EUR provides a lower beta alternative to the traditional risk pairs ahead of the meeting.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Dash price analysis: DASH/USD defiantly bullish, holding on the 2.25% intraday gains FX Street 3 years ANZ analysts point out that high-level trade talks between the US and China are set to resume 10-11 October and while the chances of a substantive deal are still remote, a temporary truce or 'mini-deal' would be sufficient to boost risk sentiment, and by extension, the AUD. Key Quotes "The AUD has been a flag-bearer of trade concerns over the last year. We estimate the partial unwinding of some of these concerns could be worth up to 4%." "AUD/JPY is our favoured expression of a partial deal outcome, should it manifest. We believe there will be opportunity to enter this… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
