Risk appetite improved yesterday on the news that US-China trade talks are progressing, according to analyst at Danske Bank. Key Quotes “A reported phone call between Presidents Donald Trump and Xi Jinping showed that the door is still open for US-China trade talks and has improved prospects of a meeting between Xi and Trump on the side lines of the G20 Summit in Argentina in mid-November. Talks are going ‘nicely’ US President Donald Trump wrote on Twitter, while Chinese state media also reported about constructive discussions.” “In the FX market, the CNY strengthened while the USD sold off on the news that US-China trade talks are progressing. Besides trade talks, weak US ISM manufacturing data and lower US yields also weighed on the USD which underperformed against all G10 currencies. EUR/USD bounced back above 1.14 after testing a 2018 low at 1.1302.” 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 Trump is said to plan a “meeting plus dinner” with China’s Xi on Dec 1 – SCMP FX Street 4 years Risk appetite improved yesterday on the news that US-China trade talks are progressing, according to analyst at Danske Bank. Key Quotes "A reported phone call between Presidents Donald Trump and Xi Jinping showed that the door is still open for US-China trade talks and has improved prospects of a meeting between Xi and Trump on the side lines of the G20 Summit in Argentina in mid-November. Talks are going 'nicely' US President Donald Trump wrote on Twitter, while Chinese state media also reported about constructive discussions." "In the FX market, the CNY strengthened while the USD sold off on… 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.
