Hong Kong has become an even bigger thorn in the already complicated trade talks between the US and China, explains Piotr Matys – Senior Emerging Markets FX Strategist at Rabobank. Key Quotes: “The CEEMEA currencies came under a modest selling pressure with losses led by the South African rand. However, as long as the US and China continue to negotiate and there is sufficient conviction amongst market participants that talks will conclude in a phase one deal being signed in the coming weeks, it is too early to expect a new leg lower in the CEEMEA FX space against the US dollar. For a broad selloff to materialise, trade talks would have to completely collapse as it was the case in August. The Hong Kong Human Rights and Democracy Act is an issue that could slow down the process of reaching an agreement, but one should not overreact and assume that it could become an impenetrable obstacle.” 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 Roger Ver to launch a $200 million fund to develop Bitcoin Cash ecosystem FX Street 3 years Hong Kong has become an even bigger thorn in the already complicated trade talks between the US and China, explains Piotr Matys - Senior Emerging Markets FX Strategist at Rabobank. Key Quotes: "The CEEMEA currencies came under a modest selling pressure with losses led by the South African rand. However, as long as the US and China continue to negotiate and there is sufficient conviction amongst market participants that talks will conclude in a phase one deal being signed in the coming weeks, it is too early to expect a new leg lower in the CEEMEA FX space against the… 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.
